Forum Discussion
Forecasting Overspend on contract
Hi Anonymous,
Thank you for reaching out to the Microsoft fabric community forum.
You may calculate your total spend so far and average monthly spend using your invoice data in Power BI. Then, compare this against your contract value to see how much is left and estimate when you might exceed the contract if spending continues the same way. Using simple DAX measures and card visuals will help you track this easily.
Please find the attached file for your reference.
Contract Value = 120000
Total Spend = SUM(Invoices[Spend])
Invoice Month = FORMAT(Invoices[Invoice Date], "YYYY-MM")
Average Monthly Spend =AVERAGEX(
VALUES(Invoices[Invoice Month]),
CALCULATE(SUM(Invoices[Spend]))
)
Remaining Value = [Contract Value] - [Total Spend]
Estimated Months to Breach =DIVIDE([Remaining Value], [Average Monthly Spend])
This will estimate how many more months until you reach your contract limit.
If the response has addressed your query, please Accept it as a solution and give a 'Kudos' so other members can easily find itBest Regards,
Harshitha.
Community Support Team
Hi Anonymous,
Thank you for reaching out to the Microsoft fabric community forum.
You may calculate your total spend so far and average monthly spend using your invoice data in Power BI. Then, compare this against your contract value to see how much is left and estimate when you might exceed the contract if spending continues the same way. Using simple DAX measures and card visuals will help you track this easily.
Please find the attached file for your reference.
Contract Value = 120000
Total Spend = SUM(Invoices[Spend])
Invoice Month = FORMAT(Invoices[Invoice Date], "YYYY-MM")
Average Monthly Spend =
AVERAGEX(
VALUES(Invoices[Invoice Month]),
CALCULATE(SUM(Invoices[Spend]))
)
Remaining Value = [Contract Value] - [Total Spend]
Estimated Months to Breach =
DIVIDE([Remaining Value], [Average Monthly Spend])
This will estimate how many more months until you reach your contract limit.
If the response has addressed your query, please Accept it as a solution and give a 'Kudos' so other members can easily find it
Best Regards,
Harshitha.
Community Support Team
Hi Anonymous
Just wanted to check if you had the opportunity to review the suggestion provided?
If the response has addressed your query, please Accept it as a solution and give a 'Kudos' so other members can easily find it.
Thank You.
Harshitha.
Community Support Team.
Hi Anonymous,
I wanted to check if you had the opportunity to review the information provided. Please feel free to contact us if you have any further questions. If my response has addressed your query, please Accept it as a solution so that other community members can find it easily.Thank You.
Harshitha.
Community Support Team.
Hi Anonymous,
May I ask if you have resolved this issue? If so, please mark the helpful reply and Accept it as the solution. This will be helpful for other community members who have similar problems to solve it faster.
Thank You.
Harshitha.
Community Support Team.