Profit & Loss - Finance Statement Modeling

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Profit & Loss Statement Modeling

The Profit & Loss (P&L) statement is an indispensable tool for assessing a company's economic performance across various sectors, serving as a beacon for investors and regulators in evaluating financial health. This workflow encapsulates the essence of P&L modeling with an emphasis on transparency and detail.

Operating Principle:

Data Preprocessing: Initiating with a structured P&L file, the workflow meticulously deconstructs every financial operation into discrete transactions. This step ensures that subtotals and totals are not assumed but are accurately derived, providing a granular view of the financial data.

Integration and Categorization: Following the breakdown, the workflow facilitates the association of individual transactions to the company's account hierarchy. This is achieved through joins, which align operations within the established financial framework, ensuring a cohesive and comprehensive P&L statement.

Nodes

• Column Expressions8 ×
• Joiner7 ×
• GroupBy5 ×
• Table Creator3 ×
• Unpivoting3 ×
• Column Filter2 ×
• Column Renamer2 ×
• Missing Value2 ×
• Cell Splitter1 ×
• Concatenate1 ×
• Recursive Loop End1 ×
• Recursive Loop Start1 ×
• Sorter1 ×
• Table View1 ×

Extensions

• FeatureKNIME Base nodes
• FeatureKNIME Column Expressions (Labs)
• FeatureKNIME Views

Links

• No links available