Flag to show current and previous FY

[M_SBS_6]

Hi, 

I have a financial year column which outputs the financial year of the record we store (e.g FY21/22)

The financial year runs from 1st September to 31st August.

What I'd like, if possible, is to have a flag that outputs "current fy" and "previous fy" based on the date range above.

So, as of today, FY20/21 will show "previous fy" and FY21/22 will show "current fy".

And when we move to 1st September 2022, that will show as "current fy" and FY21/22 will change to show "previous fy" and FY20/21 will then show as "blank".

[Hoangechip910 · Accepted solution]

We need 2 date marks: start_of_currentFY and start_of_previousFY to define flag

measure start_of_currentFY = 

if (MONTH(TODAY()) in {9,10,11,12}, DATE(YEAR(TODAY()),9,1),DATE(YEAR(TODAY())-1,9,1))

measure start_of_previousFY

if (MONTH(TODAY()) in {9,10,11,12}, DATE(YEAR(TODAY()-1),9,1),DATE(YEAR(TODAY())-2,9,1))

then we make comparasion to define flag in data table:

column Flag = if ( Date >= start_of_currentFY, "CurrentFY",if ( Date >= start_of_previousFY,"Previous FY", blank()))

[M_SBS_6]

Thank you so much for your help, I really do appreciate it.