Create Waterfall chart in Jedox
A Waterfall Chart is an effective way to visualize the cumulative effect of sequential positive and negative values, especially when analyzing changes in financial data like profit and loss statements, sales figures, or expense breakdowns. In this article, we will guide you on how to create a Waterfall Chart using Jedox.
What is a Waterfall Chart?
Before we dive into the steps, it’s important to understand the basics of a Waterfall Chart. This type of chart shows how a value changes as positive and negative values are added to the initial starting point. Typically, a waterfall chart starts with a bar that represents the initial value, followed by bars that represent positive and negative changes, and ends with a final cumulative value.
Use Cases for Waterfall Charts:
Financial Reporting: Show breakdowns of revenue, costs, and profit changes over time.
Budgeting: Track actual versus budgeted performance, and isolate the factors driving the variance.
Sales Analysis: Display how individual deals contribute to the overall sales figure.
Steps to Create...
