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Right now, to schecule a report on Month Last Date, we only have options to select the days i.e. 1st Day, 2nd Day etc.
The logic wont even for all the months since the number changes : 28, 30 and 31.
As in Worspace, if we can include 'Month Last Date' option in Reports and Analytics, Dashboards, Report Builders, Data Warehouse etc, it will help everyone in the longer run.