CLOSINGBALANCEMONTH Function (DAX)
How does the CLOSINGBALANCEMONTH function (DAX) work?
The CLOSINGBALANCEMONTH function (DAX) evaluates the expression at the last date of the month in the current context.
CLOSINGBALANCEMONTH Formula Syntax
CLOSINGBALANCEMONTH(
<expression>,<dates>[,<filter>]
)
How do you use the CLOSINGBALANCEMONTH function?
The CLOSINGBALANCEMONTH function can be used to generate balance sheet values, as we want to view the inventory balance at the end of a period.
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Considerations when using the CLOSINGBALANCEMONTH function
The dates argument can be any of the following:
- A reference to a date/time column.
- A table expression that returns a single column of date/time values.
- A Boolean expression that defines a single-column table of date/time values.
This DAX function is not supported for use in DirectQuery mode.
Related Video Tutorials
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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