DAX for Power BI Part 6.4 - Opening and Closing Balance Calculations
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This video shows you how to use time intelligence functions in DAX to return values from the start and end of a period. You'll learn how to use the FirstDate and LastDate functions as filter arguments for the Calculate function. You'll also see a range of functions used to return the start and end dates of yearly, quarterly and monthly intervals. The video also explains the ClosingBalance and OpeningBalance functions and explains how OpeningBalance is different to using the StartOf interval functions. You'll also learn how to work with incomplete date ranges and how to use the FirstNonBlank and LastNonBlank functions to return values even when your data model doesn't contain values for the start or end of standard intervals.
Chapters
00:00 Topic list
00:45 Importing Data and Creating a Basic Report
04:27 Calculating the First and Last Date of Intervals
07:13 Returning the Opening and Closing Balance
09:26 Calculating Growth
11:34 Calculating the Start and End of Different Intervals
13:51 The Closing Balance Functions
16:06 The Opening Balance Functions
18:36 Working with Incomplete Date Ranges
20:57 Returning the Value for the Last Date
22:45 End of Month vs Closing Balance
25:03 Start of Month vs Opening Balance
27:27 Calculating Change for Month
30:27 Working with Irregular Start and End Dates
31:44 Using the Last Date Function
33:37 Using the LastNonBlank Function
36:00 Using the FirstNonBlank Function
37:03 The Non Blank Value Functions
39:01 Getting the First Non Blank of All Dates
41:11 Getting the First Non Blank Date in each Year
43:21 Tidying Up
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