How to set up beginning and end of period inventory?

[bpratt]

I have table with inventory for each day. I want to set up a dashboard card in which I can select a date range and the summed inventory amount for the for the first date in the range will be displayed. Similarily I'd like to be able to display the summed inventory for the last date in the period would be displayed. What calculation or combination of calculations can I use to do this?

Thanks.

[JasonKarlaile]

Begin with the balance sheet from the end of the last accounting period.
Check if any other goods or inventory was purchased between when ending inventory was taken and when you start calculating beginning inventory.Plug the numbers into the equation and calculate the beginning inventory. I am newbie here just wanted to help you guys for the corncernd problem well I had taken all help from the https://goo.gl/VS81cM and it worked for me.May be it will be useful for you too.

[JasonKarlaile]

Begin with the balance sheet from the end of the last accounting period.
Check if any other goods or inventory was purchased between when ending inventory was taken and when you start calculating beginning inventory.
Plug the numbers into the equation and calculate the beginning inventory. I am newbie here just wanted to help you guys for the corncernd problem well I had taken all help from the  and it worked for me.May be it will be useful for you too.

[Greg_Deckler]

Create a New Measure where:

Measure = SUM([Inventory Amount])

Put the measure in a table along with maybe the date and whatever other fields. Add a filter for date, used Advanced Filtering to filter to a range. Date greater than x and less than y.

[konstantinos]

First you need to have a Date table with a relantionship with the inventory table..

First day = CALCULATE ( SUM( InventoryAmout) ; FILTER ( Date Table ; Date Table[Date] = MIN (Date Table[Date])))

For the last date change MIN to MAX..

Else there are certain inventory formulas like CLOSINGBALANCEMONTH ect..

Great Article in SQLBI for many inventory measures https://www.sqlbi.com/articles/inventory-in-power-pivot-and-dax-snapshot-vs-dynamic-calculation/

[bpratt · Accepted solution]

Thank you for your replies. Konstantions, I do have a date table in my model.  When creating a measure with your solution I got an error saying the MIN funcation cannot be used in the filter expression. From the article you linked, which is great, I found this solution that worked perfectly for me. 

BOP Units = CALCULATE(SUM(Inventory[OnHandQuantity]),FIRSTDATE(Dimension_Date[Date]))

Thanks again.