Revealed: Data Consolidations with Microsoft Power BI Tools
What you'll learn
- Use the power of Excel 2016, Power Query and Power Pivot to create structure, reduce complexity, and improve flexibility
- Creating a systems-based approach to data transformations
- Consolidating data between multiple business entities
- Data transformations using Microsoft Excel, Power Query, and Power Pivot
- Learn to 'clean' your trial balance data and put into a format suitable for analysis
- Managing the Data Model by creating relationships between data sets
- Creating Dashboards to present the data using Visual Basic and simple macros
- Course Layout: a.) Transforming the Data b.) Creating Dashboards c.) Making Decisions
- Sample files are provided to follow along and test your understanding real-time
- Apply these techniques to your organization
Requirements
- Familiarity with Microsoft Excel
- Knowledge of basic Finance and Accounting principals and understand the difference between an Income Statement and a Balance Sheet
- A strong desire to harness the power of Power Query, Power Pivot and Power BI
Description
This course will teach you how to systematically transform and consolidate financial data using Microsoft Excel, Power Query, and Power Pivot. I will show you how to turn your organization's existing Trial Balance into a meaningful query that can easily be replicated each time you regenerate your data. We will construct relationships in the data model, allowing us to turn the initial Trial Balance into a Global Income Statement by connecting data across multiple entities.
My guarantee to you:
After taking this course you'll learn a new way to use Power BI products to manage financial consolidations.
Does your financial close process suffer from any of these common ailments?
Unstructured - No commonality in account structure? No corporate hierarchies for dimensions such as accounts, entities, departments and products?
Complex - Use of multiple spreadsheets for consolidation? Poor controls, no process standardization and limited communication between users?
Inflexible - Lack of multidimensional financial reporting that can quickly adapt to changing business needs?
Use the power of Excel 2016, Power Query, Power Pivot and the Data Model to solve these problems.
Create structure - define a common chart of accounts and reporting dimensions shared by all locations, departments and reports
Reduce complexity - dramatically improve controls by having 'one version of the truth' accessible to multiple users; eliminate need for multiple spreadsheets while communicating close status to all users throughout the process
Introduce flexibility - create updatable multidimensional hierarchy structures that quickly meet accounting and Finance reporting requirements
Become the financial systems superstar at your current company or go somewhere else and be their superstar.
Who this course is for:
- Finance and Accounting professionals who perform data transformations and consolidations
- All financial analysts who need a better way to handle large amounts of data
- Those who want to improve or eliminate their manual, error-prone spreadsheet data transformations and replace with a simpler, more reliable system
- Those who want to improve their data analytics and Power Query talents
Course content
- Preview03:40
- 01:21Download the Sample Files
- 09:33Hello, World!
Instructor
![Doug Burke](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 64 64"%3E%3C/svg%3E){kind=avatar}
- 4.1 Instructor Rating
- 352 Reviews
- 8,323 Students
- 5 Courses
If you're like me, you see tremendous value in developing your career in data analytics, business intelligence and creating financial systems. Companies need these skills more than ever.
But did you know . . .
** The hardest part of any useful business intelligence system is getting clean data **
This statement comes from my 20+ years of experience building data analytics systems at Fortune 500 companies. Let me share my secrets so you get much better at cleaning your analytics data for better financial systems.
____________________________________________________________________
My specialty is creating clean data using Excel Power Query and Power BI Query Editor for analysis and visualizations.
I love this topic . . . Learn from me.
> I read the software user manuals so you don't have to
> I enjoy teaching complex topics in a clear, simple manner
> I'm very involved in the analytics community as a member of Microsoft's Power BI User Panel, and a frequent speaker at Oracle analytics events
Courses like mine are not widely available so I decided to create one. Thanks to the internet, a global audience now shares this knowledge.
Take my courses and enter a community of like-minded people who want everyone to succeed. I will personally answer any question posted and provide frequent updates on what's happening in the Power Query and Power BI communities. There is so much value here and I encourage you to join.
____________________________________________________________________
** You can dramatically improve your data cleaning skills today **
What are you waiting for?