Get prev year result

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MNHHS
MNHHS Member, ALL USERS, Community Member, Community Pioneer Posts: 2 Master Anaplanner of the Year

I'm quite new to Anaplan and I would like to know if this formula is possible instead of IF Current Month THEN Variable Name[SELECT: TIME.'Nov 15'] this IF Current Month THEN Variable Name[SELECT: TIME.'ADDMONTHS(CurrentPeriod,-12)'] Is it possivle and am I using the correct syntax. Chris