Building formulas

Custom formula fields require additional settings, as specified by the Salesforce CRM application, which are carried out using the following steps:

1. Create the formula field
2. Select the formula return type for the field, which is the calculated data type
3. Select a value for the Decimal Places option, which appears when you set the formula return type to be either currency, number, or percent
4. Click the Next button to display the Enter formula screen for the formula

When creating formulas that return a number, the Salesforce system applies a tie-breaking rule known as Round-half up. As an example, this tie-breaking rule returns 12.35 for the calculated value of 12.345 and returns−12.34 for the calculated value of −12.345.

Creating basic formulas is shown in the following section.