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With an introduction complete, get ready to dive deep!
Waterfall and funnel charts are two of the more interesting (and perhaps uncommon) standard visualizations that are included in Power BI. To create a blank chart of either type, select its icon from the Visualizations pane.
Waterfall charts are typically used to show changes in a particular value over time.
Waterfalls only have two bucket options: Category and Y Axis. Drag a time-based field such as year to the Category bucket, and the value you want to track to the Y Axis bucket. Time periods where there was an increase in value are displayed in green by default, while periods with a decrease in value are displayed in red.
Funnel charts are typically used to show changes over a particular process, such as a sales pipeline or website retention efforts.
Both Waterfall and Funnel charts can be sliced and visually customized.