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Regular Visitor

IF Statement error

Hi,

I’m trying to create a chart that compares Actual Revenues and Expenses to Budgeted Revenues and Expenses. I’m using Variance to Budget % = [Actual]-[Budget)/abs[Actual].

If Actual Revenue is greater than Budgeted Revenue, I want to show a positive variance. However, if Actual Expenses is greater than Budgeted Expenses I need to show a negative variance, so I need to reverse the signs of my formula depending on whether or not I’m calculating a Revenue or Expense variance %.

I have a column [Category] that classifies whether or not the amount is a Revenue or Expense. I’m trying to solve for this by using the following IF statement:

Variance to Budget % = IF(or([Actual]=0,[Budget]=0),

BLANK(),

If ([Category] = “Total Revenue”, ([Actual]-[Budget])/abs([Actual])),

, ([Actual]-[Budget])/abs([Actual])),*-1)

I get the following error:

Any suggests as to what I am doing wrong? Thank you for your help!

1 ACCEPTED SOLUTION

Replace [category] with selectedvalue(tablename[category]).  but the total won't work here. I am not sure how you are going about this, but you may benefit from this video https://www.youtube.com/watch?v=ojHZkWkEY7Q/

As an aside, you should always add the table name before the column name (although this is not the issue causing the problem). https://exceleratorbi.com.au/best-practices-power-pivot-power-query-power-bi/

* Matt is a Microsoft MVP (Power BI) and author of the Power BI Book Supercharge Power BI.
2 REPLIES 2

Replace [category] with selectedvalue(tablename[category]).  but the total won't work here. I am not sure how you are going about this, but you may benefit from this video https://www.youtube.com/watch?v=ojHZkWkEY7Q/

As an aside, you should always add the table name before the column name (although this is not the issue causing the problem). https://exceleratorbi.com.au/best-practices-power-pivot-power-query-power-bi/

* Matt is a Microsoft MVP (Power BI) and author of the Power BI Book Supercharge Power BI.
Regular Visitor

Thank you very much, Matt!

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