Which type of calculation and which formula should you use?

HOTSPOT

You need to calculate the last day of the month in the balance sheet data to ensure that you can relate the balance sheet data to the Date table.

Which type of calculation and which formula should you use? To answer, select the appropriate options in the answer area. NOTE: Each correct selection is worth one point.

View Answer

Answer: Type of calculation – M Custom Column

Formula – Date.EndOfMonth

Explanation:

Box 1: A DAX Calculated measure

Box 2: Date.EndofQuarter(#date([Year],[Mont],1))

ENDOFQUARTER returns the last date of the quarter in the current context for the specified column of dates.

The following sample formula creates a measure that returns the end of the quarter, for the current context.

= ENDOFQUARTER(DateTime[DateKey])

Reference: https://docs.microsoft.com/en-us/dax/endofquarter-function-dax