Hi Bob,
You can take a look at the Help Documentation: http://helpsharepointvision.nevron.com/
Chart > Data Model > Data Point Formatting Commands

Note that you can also use expressions like in this example: 3D Pie Chart
The Data Label format is: ="<" + REPLACE(Params!DataLabelFormat.STR, " and ", ">
<") + ">"

Best Regards,
Nevron Support Team

In the Pivot > Data Groupings > Values > Data Labels section I am trying to find a guide that outlines the various "Format" types that are available for the data labels. Attached is a PNG that highlights the specific field I am looking for.

You can see in the screenshot that <label> ("label" in case the brackets convert into HTML) is present; I believe that <value> ("value")is also another option. What options are there? Is there a place in the documentation / help that outlines this? Would be very useful for formatting the labels on my chart.

Thanks!