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## Average Monthly Spend and Forecast

Hello,

I am new to PowerBI so I could use some assistance:

I have a table that contains invoice data with the date received and the amount of the invoice.  I would like to do two things:

1. Find the average amount spent per month, year over year (Average of July 2012, July 2013, July 2014).

2. Use these averages to fill in missing data for spending forecasts - As of this writing it is November 2nd.  So based on the average Novemeber and December invoice data what is the total expected spend for the year.

Table

 InvoiceDate InvoiceAmount 07/30/2012 \$2000 07/30/2012 \$2450 07/30/2013 \$5000 07/30/2013 \$6000 07/30/2014 \$3000 07/30/2014 \$4000

Thank you for any help you can provide,

Matt

2 REPLIES 2
Frequent Visitor

## Average Spend by Month with Forcasting

Hello,

I am new to PowerBI so I could use some assistance:

I have a table that contains invoice data with the date received and the amount of the invoice.  I would like to do two things:

1. Find the average amount spent per month, year over year (Average of July 2012, July 2013, July 2014).

2. Use these averages to fill in missing data for spending forecasts - As of this writing it is November 2nd.  So based on the average Novemeber and December invoice data what is the total expected spend for the year.

Table

 InvoiceDate InvoiceAmount 07/30/2012 \$2000 07/30/2012 \$2450 07/30/2013 \$5000 07/30/2013 \$6000 07/30/2014 \$3000 07/30/2014 \$4000

Thank you for any help you can provide,

Matt

Moderator

## Re: Average Monthly Spend and Forecast

Create a table visual as shown in the following screenshot, choose “Average” for InvoiceAmount, you will get average amount spent per month for each year.

For your second question, could you please explain the logic you use to calculate the forecast?

Regards,
Lydia

Community Support Team _ Lydia Zhang
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