The MONTHVALUE function references another line item and returns the monthly time summary in place of the detail value.
For example, you can use the MONTHVALUE function to identify what percentage a given week contributes to monthly sales.
Syntax
MONTHVALUE(Line item)
Arguments
| Argument | Data type | Description |
| Line item | Number, Boolean, date, time period, list, text | The line item to reference the monthly time summary value for. |
The MONTHVALUE function returns a result of the same data type as the line item you reference.
Calculation engine functionality differences
In Polaris, you cannot use the MONTHVALUE function in a result line item with a time scale greater than the function.
The Classic Engine returns a value of 0 in this case.
Constraints
- If the line item you reference has a time scale of Quarter or above, then the reference returns the line item's default value. For example,
0for numeric line items. - You cannot use the MONTHVALUE function in a model that has the Calendar Type set to Weeks: General.
Examples
In this example, a Product Sales module has line items on rows and Time on columns. The Net Profit line item has a numeric data type, and the Week above average for month line item has a Boolean data type.
In Blueprint, in the Summary column for Net Profit, Time Summary is set to Average. The formula returns a TRUE result for values that are above average for each week in the month.
| Week 1 FY21 | Week 2 FY21 | Week 3 FY21 | Week 4 FY21 | Jan 21 | |
| Net Profit | 833 | 860 | 867 | 812 | 843 |
Week above average for month
|
