The financial accounts and balance, recurring balance, Data Types and type
Hi one can me claire for the following?1. in HFM account Types, we can find balance and Balance of what it means? is it completely related to finance and accounts topics? If yes give me some good examples of
understand in what concerns to HFM where this need will come from?
2. What are the financial accounts that we use in HFM? do we use to load? If yes what is the format, like Excel or data form?
3. What is the number of head? what his purpose in what concerns the HFM? in what situations we must think and remind about it, means in making the activity which HFM we can understand
on this subject simply?
(1) balance and Balance recurring contain data that is not from one period to the other accumulated and are not translated. Effective is typically a balance, such as Square Footage, to provide information to real estate, for example.
(2) non-financial accounts are usually those who are not focused on the currency, such as the staff, units sold, the number of customers, days sales outstanding, numbers fo new customers, etc. These data entry can be no other data is loaded,-either directly by loading in HFM, through forms, grids, reviews, smart view or FDM, among others that I am sure.
(3) effective is often a metric for growth. It is often used in reports, such as revenue or margin by staff. Even if you buy a company, remains a ratio between revenue and the staff, so it's a good measure for organic and acquired growth.
-Chris
Tags: Business Intelligence
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