Forum Discussion
Traditional Financial Statements
Please don't shoot me, or direct me to SQL SSRS or Management Reporter, but is it possible to create financial statements using Power BI? Does anyone have samples; balance sheet, profit and loss statement, etc.? Thanks.
We are workinf really hard to create content relevant for specific roles and industries but the advantage of Power BI and Desktop is it's similar experience with PowerPivot in excel for modeling. use cases for financial statements has been widely covered by Excel experts on PowerPivot and they're all relevant to Power BI, including DAX code to create relevant measures, calculations and tables. Here are some examples:
- Powerpivot finance reports for P&L
- How Powerpivot can help financial reporting
- Powerpivot Pro financial posts
- Excel financial sample you can import into Power BI Desktop (model)
I'll make sure to update this post once we have more specific Power BI examples.
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We are workinf really hard to create content relevant for specific roles and industries but the advantage of Power BI and Desktop is it's similar experience with PowerPivot in excel for modeling. use cases for financial statements has been widely covered by Excel experts on PowerPivot and they're all relevant to Power BI, including DAX code to create relevant measures, calculations and tables. Here are some examples:
- Powerpivot finance reports for P&L
- How Powerpivot can help financial reporting
- Powerpivot Pro financial posts
- Excel financial sample you can import into Power BI Desktop (model)
I'll make sure to update this post once we have more specific Power BI examples.
These links dont work!!!
Yes, we have created Income Statements by Period and Totals against previous year actuals and budget versions in Power BI for our clients based on data sourced from GP. The DAX, as noted in earlier replies, is a bit on the complex side - too much so to go into here. Basically, the data model must be set up with "Account Headers", "Subheaders" and on down the hierarchy, with some headers tied to specific measures to allow for calculated measures in line with previous line items in the Income Statement.
Hi Miguel, are you ready to update this post with more specific Power BI examples as yet?
Hi, did you get a solution for this? I want to go with all the info into Power BI but I started with the same problem of you and I cant solve it yet
Just wanted to add to this thread that I use the Profitbase visual to create financial statements. Wanted to share if it helps someone else. It's free but you can pay for a license to get more features. I've found the free version suits my needs.
https://appsource.microsoft.com/en-us/product/power-bi-visuals/WA200000642?tab=OverviewYes, there are a lot of ready-made Power BI templates available: https://vidi-corp.com/profit-and-loss-dashboards/
It can help speed things up and provide a solid foundation instead of building everything from scratch.
Hope it helps!
Worth a 2026 update to this thread: the landscape has changed significantly since these replies.
For traditional financial statement formatting in Power BI (custom row ordering, section headers, subtotals that don't follow standard aggregation), the modern approach is a Chart of Accounts dimension table with sort keys + SWITCH measures for each line item. More detail in the SQLBI and Enterprise DNA resources.
For teams who need the financial statement to also show period comparison (Actual vs Budget, MoM, YTD vs Prior YTD) without building a full DAX P&L framework, Flexa Tables on AppSource handles the layout and variance columns together Microsoft-certified, works in Power BI Service
