GL Accounts

The data model includes views such as GL Accounts, Profit and Loss, Account Balance, Account Transactions, Budget vs Actual, Top Performing Accounts, Account Trends, Account Categories, and Account Summary. Key measures are Total Expenses, Net Profit, Average Account Balance, Accounts Payable Turnover Ratio, and Profit Margin, derived from analyzing financial performance, account balances, transactions, budget variances, and account categorization for comprehensive business intelligence insights.

Benefits of This Data Model

• Improved Financial Analysis: By utilizing views such as Profit and Loss and Budget vs Actual, stakeholders can conduct in-depth financial analysis to track company performance and monitor budget adherence effectively.
• Enhanced Decision-making: Access to Account Summary and Top Performing Accounts enables better decision-making by providing a comprehensive overview of the company's financial health and identifying key areas for improvement.
• Streamlined Reporting: With GL Accounts and Account Transactions views, reporting processes are streamlined as detailed information on general ledger accounts and transactions is readily available for generating accurate and insightful reports.
• Enhanced Data Organization: Account Categories view categorizes general ledger accounts into groups, facilitating better organization and analysis of financial data for improved data management and interpretation.

Key Performance Indicators (KPIs)

• Total Expenses: The sum of all expenses recorded in the general ledger accounts.
• Net Profit: Calculated as the difference between total revenues and total expenses.
• Average Account Balance: The average balance across all general ledger accounts over a specific period.
• Accounts Payable Turnover Ratio: Indicates how quickly a company pays off its suppliers by dividing total purchases by average accounts payable.
• Profit Margin: The percentage of revenue that represents profit after all expenses are deducted. Calculated as (Net Profit / Total Revenue) * 100.

Available Visualizations

View Name	Description
GL Accounts	Provides detailed information on all general ledger accounts for analysis and reporting.
Profit and Loss	Displays the financial performance of the company through revenue, expenses, and net income.
Account Balance	Shows the current balance of each general ledger account to monitor financial health.
Account Transactions	Lists all transactions associated with each general ledger account for detailed analysis.
Budget vs Actual	Compares the budgeted amounts with actual expenses and revenues for variance analysis.
Top Performing Accounts	Identifies the top-performing general ledger accounts based on revenue or profit margin.
Account Trends	Illustrates the historical trends and patterns of activity for each general ledger account.
Account Categories	Categorizes general ledger accounts into groups for better organization and analysis.
Account Summary	Summarizes the key metrics and totals for all general ledger accounts in a dashboard format.