What is formula in SAP PLM-WUI-APP - PLM Web Applications?

SAP Term: formula

• Component: PLM-WUI-APP

• Component Name: PLM Web Applications

• Description: A formal description of how to compute a field value from available information. It can be used in place of a field value in a search condition, or to allow the enhancement of the result of a query with additional fields.

Smart SAP Assistant

• Key Concepts: 
  A formula in SAP PLM Web Applications is a set of instructions that define how a certain value is calculated. It can be used to calculate the cost of a product, the amount of material needed for production, or any other value that needs to be determined. Formulas can be used to automate calculations and make them more accurate. 
  
  How to use it: 
  Formulas can be created in SAP PLM Web Applications by selecting the “Formula” option from the menu. Once the formula is created, it can be used to calculate values for any product or material. The formula can also be modified or deleted if needed. 
  
  Tips & Tricks: 
  When creating a formula, it is important to make sure that all of the variables are correctly defined and that the formula is accurate. It is also important to test the formula before using it in production. 
  
  Related Information: 
  Formulas can also be used in other SAP applications such as SAP ERP and SAP BW. For more information on formulas in SAP PLM Web Applications, please refer to the official documentation.