Financial data is important for many Business decision. Often data is stored in different places which makes it easy to analyze different points for complex decision.
An Accounting Dashboard easily shows financial data from multiple sources. A simple rule is that all the information about accounting to show within dashboard and it is very easy to understand. Including too much data on dashboard is a mistake and it makes it difficult to make proper decision.
Power BI is a business intelligence & analytics services used by a lot of renowned companies around the world. As a business owner, you can set up a dashboard to efficiently complete financial processes and visualization data related to cost management and financial accounting.
Power BI Dashboard for Accounting
The Power BI dashboard used for finance to helps you to keep a track of various finance related metrics. Attractive dashboard enables you to better cost & cash management, manage cash flows & liquidity status for your business. It allows you to track critical business information such as, expenses, sales revenue, accounts payable or accounts receivables.
Power BI Dashboard for Cost Accounting
Power BI dashboard helps businesses to manage inventories by setting the cost variances of inventory stocks and manage cash flow activities.
Benefits of Using Power BI Dashboard for Finance
Power BI helps you current financial data in a graphical format, making it easier for you and other staff to perform analysis and interpret trends.
- Data Visualization
- Enhance clarity and productivity
- Budget Analysis
- Forecasting & Reporting
- Inventory Overview
- Turnover ratio
- Revenue sales
- Expense overview
- Bank wise fund
- Account receivables
- Account payable
Come and check it out our Easy GST business accounting software. Register now & use 7 days free trail to explore our accounting software.
The post Power BI Dashboard for Finance and Accounting? appeared first on Easyaccountax.
This post first appeared on GST: A Common Man’s Guide To Its Role & Impact On Everyday Life, please read the originial post: here