# DATESQTD

## Y ## What is DATESQTD?

DATESQTD stands for “dates same quarter to date.” It is a DAX function that helps in calculating the total sales or profits within the current quarter. This function is often used in financial reporting, budgeting, and forecasting.

This function contains two arguments: the first one is the date column, and the second one is the optional year-end month. The year-end month specifies the month in which the fiscal year ends, and it helps in determining the current quarter.

## How to Use DATESQTD?

Using the DATESQTD function in Power BI is relatively simple. The following steps can be followed to use this function:

1. Open Power BI Desktop and load the data model.

2. Create a new measure by clicking the “New Measure” option in the “Modeling” tab.

3. In the formula bar, enter the following formula:

`Total SalesQTD = TOTALYTD(SUM(Sales[Sales Amount]),DATESQTD(Date[Date]))

4. Press enter to apply the formula. Power BI will calculate the total sales for the current quarter.

## Understanding the DATESQTD Function

Before using the DATESQTD function, it is essential to understand how it works. The function calculates the total sales or profits for the current quarter by comparing the date column with the current date. It then calculates the total sales or profits for all dates within the same quarter as the current date.

The DATESQTD function is often used in combination with the TOTALYTD function. The TOTALYTD function calculates the total sales or profits from the beginning of the fiscal year to the current date. By combining these two functions, users can calculate the total sales or profits for the current quarter and the fiscal year to date.

## Using the Year-End Month Argument

The DATESQTD function contains an optional year-end month argument. This argument helps in determining the current quarter, especially in organizations that do not follow the traditional calendar year.

For example, if an organization’s fiscal year ends in June, the year-end month argument can be set to 6. Power BI will then consider July, August, and September as the first quarter, October, November, and December as the second quarter, and so on.

To use the year-end month argument, simply add it to the DATESQTD function as follows:

`DATESQTD(Date[Date],6)`

In this example, Power BI will use June as the year-end month.

The DATESQTD function is a powerful tool that can help users in analyzing their data over time. It is a simple yet effective way of calculating the total sales or profits for the current quarter. By understanding how this function works and using it correctly, users can make informed decisions based on their data.

In this article, we have discussed the DATESQTD function and its usage in Power BI. We have also explained the optional year-end month argument and how it can be used to determine the current quarter. By following the steps outlined in this article, users can begin using the DATESQTD function in their own data analysis and reporting.

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