What is computed attribute in SAP CRM-MKT - Marketing?

SAP Term: computed attribute

• Component: CRM-MKT

• Component Name: Marketing

• Description: Attribute that is created based on existing data within the system and not by extracting data from external resources. For example: If you have the attribute "annual salary" and you divide it by the amount of months in a year, you get the computed attribute "monthly salary".

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• Key Concepts: 
  Computed attributes are a type of attribute in SAP CRM-MKT Marketing that are automatically calculated based on the values of other attributes. They are used to provide additional information about an object or entity, such as a customer or product. For example, a computed attribute might be used to calculate the total value of a customer’s orders over a certain period of time. 
  
  How to use it: 
  Computed attributes can be created in SAP CRM-MKT Marketing by defining the formula that will be used to calculate the attribute’s value. This formula can include other attributes, constants, and functions. Once the formula is defined, the computed attribute will be automatically updated whenever the values of the other attributes change. 
  
  Tips & Tricks: 
  When creating a computed attribute, it is important to ensure that the formula is accurate and that it will produce the desired result. It is also important to consider how often the attribute will need to be updated and whether it should be set to update automatically or manually. 
  
  Related Information: 
  For more information about computed attributes in SAP CRM-MKT Marketing, please refer to the official SAP documentation.