Key Components
To better understand modelling in JustPerform, let's explore the following key components and their purposes within the platform:
Workspace
A workspace refers to a designated area or environment created for building and managing business processes within an organization.
It provides a collaborative and organized space for financial processes and all related activities, allowing users to build financial models, collaborate with team members, and access necessary tools and resources within the platform.
Spaces
Spaces are created within a workspace to capture specific processes or subprocesses. A space can refer to a logical or physical container that represents a designated area for organizing and managing data, models, and configurations required for the processes embedded within the space. It represents a specific project or modelling domain.
The purpose of a space is to collaborate and deploy business processes with specific groups of people within a particular workspace.
A workspace consists of one or more spaces, each comprising processes addressing different business use cases like financial planning, consolidation, and other FP&A solutions.
Apps
Apps are specialized tools within a workspace that enable users to create models, rules, sheets, and more while sharing common dimensions, permissions, and processes. Each app serves as a container for specific processes, such as manpower planning, and can be customized to meet the unique needs of its users. Apps also offer the ability to restrict access, ensuring that sensitive information is only accessible to designated app owners. This functionality is especially valuable when certain data needs to be protected even from workspace administrators or owners, providing an additional layer of security.
Learn more in the Apps article.
Dimensions
A dimension is a collection of related data members that represent one aspect of a business or organizational unit, such as a chart of accounts, company, products, or currency. Dimensions are structured within a broad group of data about a significant business aspect. They contain master data, text, and hierarchical data for each business structure. When used in building models, dimensions are referred to as dimensions.
Learn more in the Dimensions in Modelling article.
Functional Area
A functional area denotes a particular domain or category within an organization that encompasses related processes, tasks, and responsibilities. It represents a distinct area of functional expertise or focus, such as finance, human resources, marketing, or operations. For example, the functional area of finance includes activities related to budgeting, financial analysis, and accounting.
Learn more in the Functional Area article.
Folder
Folders can be created for better organization.
Board
Boards are like a blank canvas where sheets and snippets can be added. They also enable the addition of text boxes that support rich text and multimedia. The objects on the board can be rearranged, resized, added, removed, and traced back to the source.
Learn more in the Boards article.
Sheets
Sheets are a simple way of creating reports and updating data. Sheets represent data in a tabular format. Dimensions can be arranged as rows, columns, and filters, and data can be updated accordingly. Web reports and visuals can be created on top of these sheets. Along with dimensions, sheets can have multiple metrics of different types. These metrics can be used to manipulate data as well as share values between sheets.
Learn more in the Sheets article.
Models
Models serve as the fundamental framework for storing, processing, updating, and visualizing data within JustPerform. Functional areas envelop models that, in turn, house standard models, virtual models, and journals. This structure enables a professional and organized approach to managing data within the system.
Learn more in the Models article.
Standard Models
Standard models function as structured tables that store data within the system, featuring predefined dimensions that are already integrated into the framework. These models provide a foundational structure for organizing and manipulating data effectively. They offer a consistent and standardized approach to data management, enabling users to work with predefined data dimensions.
Learn more in the Standard Models article.
Virtual Models
Built on top of standard models, virtual models are dynamic representations of data that do not store information directly. They offer the flexibility to define custom calculations, transformations, and aggregations on data from standard models. Virtual models can be utilized for data capture, report generation, and data analysis.
Learn more in the Virtual Models article.
Journals
Journals are a type of virtual model. However, instead of storing journal details directly within the standard model, they are stored in a separate table. This separation allows for better organization of journal data.
Learn more in the Transactions: Journal article.
Workbook
Workbooks allow users to upload Excel templates to the JustPerform web platform, where they can be used in tasks or simply stored and downloaded.
Rules
Business rules are the backbone of creating custom calculation logics in JustPerform. JustPerform offers a versatile range of business rules.
Learn more in the Rules article.