# How do I create a formula in Salesforce?

**Create Formula Fields**

- From Setup, click Object Manager and select Opportunity.
- Select Fields & Relationships then click New.
- Select
**Formula**as the Data Type, then click Next. - Enter Commission as the Field Label.
- Select Currency as the
**Formula**Return Type. - Click Next.
- Select Amount from the Insert Merge Field picklist.

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Regarding this, how do I create a formula field in Salesforce?

**Steps to Create Date, Text and number formula field in Salesforce**

- Open Accounts page from setup.
- Create New Field.
- Select Formula and click Next.
- In Field Label, type Label for the formula field. ( The Field Name will get populate automatically)
- Select the type of data the formula should return.
- Click Next.

Also Know, how do you create a custom summary formula?

- Double-click Add Formula in the Fields pane.
- In the Custom Summary Formula dialog, under Functions, select Summary .
- Select PARENTGROUPVAL or PREVGROUPVAL .
- Select the grouping level and click Insert.
- Define the formula, including where to display the formula.
- Click OK.

Moreover, how does Formula field work in Salesforce?

Many areas in **Salesforce** use **formulas**. Before you begin using **formulas**, review the differences in their uses. The data type of a **formula** determines the type of data you expect returned from your **formula**. A **formula** can contain references to the values of **fields**, operators, functions, literal values, or other **formulas**.

How many Formula fields can be created in Salesforce?

This error is due to a **Salesforce** limitation of 15 cross-object **formula fields** per object. Upon request, **Salesforce** Support may be able to increase this limit from 15 to 20 for you, however 20 is the hard maximum limit.