14 Financial Modeling Templates for Microsoft Power BI

This eBook offers a collection of 14 financial models, each designed to be created in Power BI within an hour or less. These models are structured to enhance efficiency and reduce the time traditionally required for comprehensive planning and reporting. For finance teams and business analysts, the models provided can streamline the workflow and significantly shorten project timelines.

Here is a monthly tracker where we have actuals till prior month (April), highlighted in green. We are actively tracking actuals for the current month (May), highlighted in orange. We have forecasts data for three months from May to July.​​

The vertically oriented column headers facilitate columns to be tightly packed. You also have several options to update your report – excel-like cell editing, manual data entry, allocations, forecasting & simulations, and more.​

This operating profit model visualizes account hierarchies along with variances in a expand/collapse-enabled interface.​​

Inforiver provides support for unbalanced/ragged hierarchies out-of-the-box. Note that IT Expenses and Other Expenses do not have child accounts whereas Sales and Marketing and Personnel Costs do. (A typical Power BI report would show blank row headers under IT Expenses & Other Expenses).​​

The scale-band (in blue) for the bar charts ensures scaling differences are highlighted.​

Build highly customizable formatted financial statements 20x faster.​​

Inforiver helps you perform a variety of formatting that is harder to implement in Power BI such as:​

1. Having multiple number formats in a single column​

2. Indent row headers​

3. Group Column headers​

4. Formatting cells with currency symbols, borders, etc​

5. Support for multi-line headers​

6. Custom row sorting using click-and-drag action​

7. … and more

Create financial statements as it appears in annual reports. On the right is Nike’s cash flow statement from the 2020 Annual Report. On the left is the same reproduced in Power BI using Inforiver. ​

Here is an example of a formatted balance sheet built in Power BI using Inforiver.​​

Inforiver helps you insert calculated rows with the help of an intuitive formula editor. Rows can be reordered easily by drag-and-drop which means you no longer need to write complicated DAX queries for custom sort of GL accounts.​​

Also notice the multi-line headers, indentation for account names, borders, grouped columns and currency prefixes.​

The categories are listed in the middle. Values shown include Actuals (AC), Prior Year (PY), AC-PY variance in absolute & % terms.​

You only have to bring your data to build reports like this. The layout and formatting is automatically handled by Inforiver when you select this template.​

In the IBCS T02 table template variance in absolute & % terms are visualized using bar and pin charts.​​

MTD vs YTD performance can be analyzed dynamically by changing the month in the left side of the table from the dropdown.​​

Notice the solid, hatched and outlined notation for business metrics such as actuals, forecasts, plans and prior year.​

Visualize calculation schemes in rows along with variances and footnotes with the IBCS T04 template. This is useful for financial statements such as the P&L/cash flow statement.​​

Inverting signs to accommodate the revenue/expense accounts can be achieved by simply selecting the line item and using the ‘Invert Sign’ option. The +/- signs can be displayed in the table or hidden. ​​

You can also configure whether the sign inversion affects only the display or the aggregation as well using the Influence Total option.​

Create budgets for the upcoming cycle using this financial modeling template.​​

You can select any cell and start keying in the data as you would do in Excel. ​​

Values entered in child rows automatically roll up to the top. Similarly, any values entered in a parent row gets distributed to its children. By default, it is distributed equally, but you can also opt to distribute based on other data (e.g., prior year actuals).​​

The changes made in this input sheet also gets tracked in the audit log, so it is easy to revert any changes if needed.​

Allocate budgets based on prior year actuals and continue to make finer adjustments by editing on cells directly.​​

Add notes to provide context to other users or comments to facilitate collaboration.​

Get an accurate picture of your business’s future performance by leveraging rolling forecasts. ​​

In this financial modeling template, we have the actuals for Jan – Aug using which we create a 3-month rolling forecast for Sep – Nov. ​

Perform what-if analysis on the fly using a graphical slider to simulate and roll-up or spread-down changes in hierarchies. ​​

Use in-cell editing that supports percentage calculations (e.g., +10%) as well as scaled values (e.g., -35m)​

Perform top-down planning by entering your budgets at the grand total level and distribute changes to descendants across rows & columns​. Changes automatically roll-up to the top​.​​

25k entered as 2022 Budget (highlighted in orange) gets distributed based on 2021 Actuals across quarters, product categories and subcategories (highlighted in yellow).​​

Capture data from multiple users in reading mode; the entered values automatically roll-up to the sub totals and totals. This can then be written back to a database along with the sales rep names and time stamp. ​​

You can also have text, dropdown, and date columns to gather data. Rules can be configured to enable data input – for e.g., Actuals>25m. The Live Sync capability of Inforiver live updates other visuals in the Power BI report every time data is updated.​

Download Inforiver Reporting Matrix for free and start building your own financial modeling templates.