Are you a user ready to deal with basic reporting for next-level, real-time visibility into the performance of your business? To help your business grow and thrive, you must fully understand how every business decision and change will impact your people, your customers, and your bottom line. With this, you are being able to see the real picture of your business with images, interactive reports instead of clumsy, outdated spreadsheets.
Here we’re going to show you how! Look through to explore how Microsoft Dynamics 365 Business Central’s dimensional accounting capabilities work with Power BI to provide powerful, flexible information that will help your organization to succeed.
Dimensional Accounting in Business Central
Similar to Dynamics NAV, Business Central’s dimensions allow you to easily set up and simplify your chart of accounts. Such as, you can create a single expense account and tag it with dimensions like department, project, or product line. So that It is possible to filter based on one or multiple dimensions. Additionally, to make it easier for finding information, this adds unbelievable flexibility to the data. Also, you can choose to track as your business grows. Just add a new dimension as needed, not a whole new account.
While adding Business Central’s seamless integration with Power BI. It’s like having the instant gratification of focused information or data at your fingertips.
Business Central Dimensions and Power BI: Better Together
Just because Dynamics 365 and Power BI are built to connect and share data, you can use all of the dimension tags immediately to generate reports and charts in Power BI. Also, you can use the dimensions you’re tracking in Business Central. To create, sort, and change complex reports in just a few clicks with Power BI.
Also, with Power BI it is possible to view this information from any angle, using helpful visuals for easier information. Do you want to view the net changes in expenses based on project type, geographic area, and/or product line? Not a problem. You can report based on:
- Monthly totals
- Variance from performance thresholds
- Individual transactions
- Change over time
Planning and Supporting Growth
To continue to thrive, your business needs to remain agile, respond quickly to market changes, and proactively pursue opportunities. Also, Business Central’s intuitive combined with Power BI’s visual reporting form a critical tool you can use to gain a more thorough, timely, and predictive look into the future of your organization.
If you’d like to learn how dimensional accounting works in Business Central and how to use those dimensions to create reports in Power BI, today at MetaOption.
