Benford’s Law compares the frequency distribution of leading digits to its (empirically proven) natural counterpart. This can then be used to detect fraud and errors. The green columns show how (…) Read more
Posts Tagged ‘Accounting’
Get full Time Activity data from QuickBooks into Power BI
Problem As per the time of writing, the native QuickBooks connector in Power BI has some shortcomings for the Time Activity-data: It will not return employee details (so you will (…) Read more
Why Power BI isn’t suitable for Financial Statements (… currently … hopefully …)
!! This is a clickbait post to get your vote for some missing features in Power BI !! Although this might not be what the inventors of Power BI had (…) Read more
Create list of accounts from NAV account schedules or COA totaling syntax
In this blogpost I’ll show you how to create a list of account numbers from the totalling syntax that you find in Dynamics NAV account schedules or chart of accounts (…) Read more
Stretching and Compressing Time Series with Power Query and Power BI
The good folks from SumProduct have published a challenge for Excel that I find worth doing in Power Query instead: The Challenge Stretching or compressing a forecast so that the proportion of (…) Read more
Right Aligning Text in Power BI: Format Improvements for Easy Profit&Loss Reports
Edit 14-Dec-2017: Now that we can right-align text measures in PowerBI, a SWITCH-measure like here: http://www.thebiccountant.com/2017/04/24/kpis-in-easy-profit-and-loss-for-powerbi/#comment-719 is the best alternative in my eyes. No need to read on 🙂 As (…) Read more