CLOSINGBALANCEMONTH Function (DAX)
How does the CLOSINGBALANCEMONTH function (DAX) work?
The CLOSINGBALANCEMONTH function (DAX) is a type of time intelligence function in DAX that evaluates the expression at the last date of the month using the current context.
Like all series functions, the CLOSINGBALANCEMONTH requires contiguous dates to work.
CLOSINGBALANCEMONTH Formula Syntax
CLOSINGBALANCEMONTH(
<expression>,<dates>[,<filter>]
)
How do you use the CLOSINGBALANCEMONTH function?
The CLOSINGBALANCEMONTH function is used to generate balance sheet values during instances where we want to view the inventory balance at the end of a period.
This function is not used in DirectQuery mode.
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Considerations when using the CLOSINGBALANCEMONTH function
The CLOSINGBALANCEMONTH has three parameters: the table expression that returns a scalar value, the column that contains dates, and the filter that applies to the current context.
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Formula examples using the CLOSINGBALANCEMONTH function
=CLOSINGBALANCEMONTH(SUMX(ProductInventory,ProductInventory[UnitCost]*ProductInventory[UnitsBalance]),DateTime[DateKey])
= CLOSINGBALANCEMONTH ( SUMX (ProductInventory, [UnitsBalance]*[UnitCost]),ProductInventory[InventoryDate] )
=CLOSINGBALANCEMONTH(Sum([SalesAmount]), ‘DimDate'[FullDateAlternateKey], ALL(‘DimDate'[FullDateAlternateKey]))
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