Working with fiscal years can get tricky—especially when your fiscal cycle doesn’t match the calendar year.
Here’s a simple hack to calculate fiscal quarters correctly in Power Query!
Using this formula:
= FORMAT(EDATE('Calendar'[Date], -3), "\QQ")
💡 Why “-3”?
Because India’s fiscal year ends in March, so we shift the date back by 3 months to align quarters correctly.
✔ Q1 → Apr–Jun
✔ Q2 → Jul–Sep
✔ Q3 → Oct–Dec
✔ Q4 → Jan–Mar
If your country or organization follows a different fiscal year, just adjust the month offset to match your fiscal cycle.
This tiny trick can save tons of time when building calendar tables, reports, or financial dashboards in Power BI / Power Query. 🚀
________________________________________
Which fiscal year does your organization follow? Drop it in the comments! 👇
Satish Dhawale
Trick to Calculate Fiscal Quarter in Power Query
Working with fiscal years can get tricky—especially when your fiscal cycle doesn’t match the calendar year.
Here’s a simple hack to calculate fiscal quarters correctly in Power Query!
Using this formula:
= FORMAT(EDATE('Calendar'[Date], -3), "\QQ")
💡 Why “-3”?
Because India’s fiscal year ends in March, so we shift the date back by 3 months to align quarters correctly.
✔ Q1 → Apr–Jun
✔ Q2 → Jul–Sep
✔ Q3 → Oct–Dec
✔ Q4 → Jan–Mar
If your country or organization follows a different fiscal year, just adjust the month offset to match your fiscal cycle.
This tiny trick can save tons of time when building calendar tables, reports, or financial dashboards in Power BI / Power Query. 🚀
________________________________________
Which fiscal year does your organization follow? Drop it in the comments! 👇
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5 days ago | [YT] | 86