FrameworkDecisions from the outset
Decisions from the outset
From the outset, a few key decisions can make everything easier if addressed early, providing clarity and a solid foundation for your data team's operations.
WIP
This article is a work in progress
This shouls not stop you from starting other work on the data platform, however, the more of the following, the earlier you can address, the better.
Timezone
Deciding on a reporting timezone early is critical:
- Changing it later can alter already reported numbers. (very bad)
- A consistent timezone helps explain data to business users.
- It simplifies integrating new systems.
- It prevents confusion about when events, like sales, occurred.
Whether you choose a company-wide timezone, the event’s local timezone, or the source system’s timezone, define and document it as early as possible.
Currency
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Security and Legal Responsibilities
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Most Important Business Terms
In clear business language, with examples, and if relevant calculations.
Common business terms that needs to be defined are:
- How do we define a customer?
- How do we calculate gross margin?
- What should be the lowest detail of revenue (an order, an invoice, a, invoice line)?
- How do we define a product (a SKU, a product line, a product family)?
- What is included in the cost of goods sold?
- What is included in recurring revenue?