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Anonymous's avatar
Anonymous
Not applicable
3 years ago
Solved

Daily Balance Calculation

Hi, I am trying to get the daily closing balance of my data. I currently have dates given by 'Date'[Date] showing the working days (weekends are blank) of debits and credits being logged. At th...
  • Anonymous's avatar
    Anonymous
    3 years ago

    Hi Anonymous ,

    Please update the formula of measure as below and check if it can return the expected result...

    DailyClosingBalance =
VAR CurrentDate =
    SELECTEDVALUE ( 'GL_Account'[glt_trdate] )
VAR CurrentPeriod =
    SELECTEDVALUE ( 'GL_Period'[id_glperiod] )
VAR PreviousPeriod =
    MAXX (
        FILTER (
            ALLSELECTED ( 'GL_Period'[id_glperiod] ),
            'GL_Period'[id_glperiod] < CurrentPeriod
        ),
        'GL_Period'[id_glperiod]
    )
VAR PreviousClosingBalance =
    CALCULATE (
        MAX ( 'GL_Account'[ClosingBalance] ),
        FILTER (
            ALLSELECTED ( 'GL_Period' ),
            'GL_Period'[id_glperiod] = PreviousPeriod
        ),
        ALL ( 'Date' )
    )
VAR PreviousDailyNetBalance =
    SUMX (
        FILTER ( ALLSELECTED ( 'GL_Account' ), 'GL_Account'[glt_trdate] <= CurrentDate ),
        'GL_Account'[Daily Net Balance]
    )
RETURN
    PreviousClosingBalance + PreviousDailyNetBalance

    If the above one can't help you, please provide some raw data in your table  'GL_Account' and 'GL_Period' (exclude sensitive data) with Text format and your expected result with backend logic and special examples? By the way, is there any relationship between these two tables? If yes, please provide the related info. It would be helpful to find out the solution. You can refer the following links to share the required info:

    How to provide sample data in the Power BI Forum

    How to Get Your Question Answered Quickly

    And It is better if you can share a simplified pbix file. You can refer the following link to upload the file to the community. Thank you.

    How to upload PBI in Community

    Best Regards

tamerj1's avatar
tamerj1
Community Champion
3 years ago

Anonymous 

This should work as either calculated column or measure.

Closing Balance Final =
VAR CurrentDate =
    MAX ( 'Table'[Date] )
VAR CurrentPeriodTable =
    CALCULATETABLE ( 'Table', ALLEXCEPT ( 'Table', 'Table'[FinancialPeriod] ) )
VAR CurrentClosingBalance =
    MINX ( CurrentPeriodTable, 'Table'[ClosingBalance] )
VAR TableOnAndBefore =
    FILTER ( CurrentPeriodTable, 'Table'[Date] <= CurrentDate )
VAR PreviousDailyNetBalance =
    SUMX ( TableOnAndBefore, 'Table'[DailyNetBalance] )
RETURN
    CurrentClosingBalance + PreviousDailyNetBalance
Anonymous's avatar
Anonymous
Not applicable
3 years ago

Hi tamerj1,

Thanks for this.

 

I adjusted the DAX to the following (as it was not picking up the 'GL_Account'[ClosingBalance] and 'Date'[Date] in TableOnAndBefore):

 

DailyClosingBalance = 
VAR CurrentDate =
    MAX ( 'Date'[Date] )
VAR CurrentPeriodTable =
    CALCULATETABLE ( 'GL_Period', ALLEXCEPT ( 'GL_Period', 'GL_Period'[FinancialPeriod]))
VAR CurrentClosingBalance =
    MINX ( CurrentPeriodTable, SELECTEDVALUE('GL_Account'[ClosingBalance]) )
VAR TableOnAndBefore =
    FILTER ( CurrentPeriodTable, SELECTEDVALUE('Date'[Date]) <= CurrentDate )
VAR PreviousDailyNetBalance =
    SUMX ( TableOnAndBefore, [Daily Net Balance] )
RETURN
    CurrentClosingBalance + PreviousDailyNetBalance

 

However this is now returning the following:

It is doing the row's ClosingBalance + Daily Net Balance, but it needs to be the previous financial periods closing balance + the sum of the daily net balances up to the rows date, e.g. 01/03/2023: 12,248,807.97 - 5,990.75 - 222,586.15 = 12,020,231.07

  • tamerj1's avatar
    tamerj1
    Community Champion
    3 years ago

    Anonymous 

    What are you creating? A calculated column or a measure?

    • tamerj1's avatar
      tamerj1
      Community Champion
      3 years ago

      Anonymous 

      One more thing  do you really think that it's not worth mentioning that the data os coming from two different tables? Do you really think that relationship are irrelevant and they do not matter? Please provide me with the complete picture to avoid wasting more time and effort. 

      • Anonymous's avatar
        Anonymous
        Not applicable
        3 years ago

        tamerj1 

         

        I am trying to be as helpful as possible with my limited knowledge of DAX. I am new to this, which is why I am asking the forum. Also, I have the tables referenced in the original post.

        'Date'[Date] -> 'GL_Account'[glt_trdate], which is the transaction date.

        'Company'[kco] -> 'GL_Account'[kco], which is 2 companies codes, 22 and 30, referencing the 2 companies in the dataset.

        'GL_BusinessUnit'[id_glelement] -> 'GL_Account'[id_glelement], which have bank codes for the different divisions of the 2 companies.

        'GL_Period'[id_glperiod] -> 'GL_Account'[id_glperiod], the FinancialPeriod in yyyy-mm-dd format.

         

        This would be a calculated column.

         

        But please, I am trying to be helpful. If I am not being clear, just ask away as I do not know what is required. Thank you.