In top menu Report select "Selection Formulas" -> Group.
datefield = maximum(datefield)
This will suppress all other records but they will still be in recordset and will affect summaries.
You can still use Running Totals and use the same condition above to restricy RT recordset.
Failing that you will need to can use a SQL expression which returns the max date. You can then use this in your record selection.
NB it could be slow to run as whole dataset will come back and filtered against this expression within report.
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