Limiting a value to be added to specific month in power BI Matrix

[Rabi]

Hi Everyone,

Hope you are all having an amazing day.

I am working on P&L statements in matrix. I have Accounts in rows and I have months in column field, so when I add a value to the values filed it is added into all months but I wanted to add variance for the latest month with budget. I don't want the variance to be added into all the months.

Also, how can I make sure the added variance is not affected by the filters applied in the matrix, for example i have filtered the date using some dax measure which shows the latest months as CURRENT MONTH-1 as the current month doesn't have complete transactions and i want to ignore it.

Regards

[123abc]

Create a new DAX measure for your variance calculation. This measure will calculate the variance between the latest month and the budget. Let's assume you have a measure for the budget called [Budget], and your date table has a column [Date]. Here's an example DAX formula for the variance measure:

Variance =
VAR LatestMonth = MAX('Date'[Date])
RETURN
SUMX(FILTER(ALL('Date'), 'Date'[Date] = LatestMonth), [Budget]) - [YourValueMeasure]

Replace [YourValueMeasure] with the name of the measure that represents the value you want to calculate the variance for.

1. In this measure, we first identify the latest month using the MAX('Date'[Date]) function.

2. We then use FILTER and SUMX to calculate the variance for the latest month. The FILTER function is used to create a filter context for the latest month, and SUMX calculates the variance as the difference between the budget and the value.

3. Now, when you place the [Variance] measure in your matrix, it will only show the variance for the latest month, regardless of any other filters applied in the matrix.

4. To ensure that the added variance is not affected by other filters, make sure that you are using measures and not columns directly in your matrix. Measures are calculated based on the filter context, so they are not affected by other filters.

5. You can also use the ALL function in your measures to remove filters from specific columns, if needed. For example, ALL('Date') removes filters from the date column.

By following these steps, you should be able to limit the variance to the latest month and ensure it's not affected by other filters in your Power BI matrix.