Hello sandipdjadhav,
The Microsoft-provided Power BI reports shown in your screenshot, such as General Ledger Entries and Inventory Valuation Overview, are designed to work as delivered—you do not need to rebuild them. However, they are not completely zero-setup: for Business Central online, the connector/AL components are already installed, but you must install the corresponding Microsoft Power BI template app, connect its semantic model to the correct Environment + Company, authenticate it, refresh the data, and map the Power BI workspace/report back to Business Central using Connect to Power BI / Power BI Connector Setup. Microsoft currently provides apps for Finance, Sales, Purchasing, Inventory, Inventory Valuation, Projects, Manufacturing, and others. You only need to modify/rebuild a report if the standard report does not meet your business requirements or you need additional custom fields/KPIs; otherwise I would first use the standard reports as-is. Also note that the apps work per company, so multiple BC companies require separate app/workspace setup, and users need the appropriate Power BI Pro/Premium entitlement.
Regards,
Oussama Sabbouh