Custom Summary Formulas can run calculations on custom formula fields.
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Custom summary formulas allow administrators to perform calculations on a group of records in a report. This feature is available in both Classic and Lightning Experience.
In Lightning Experience, custom summary formulas can also run calculations on custom formula fields. This means that administrators can use the value of a custom formula field in a report and use it as a basis for a custom summary formula.
For example, an administrator may create a custom formula field that calculates the total revenue of an opportunity. The administrator can then create a custom summary formula that calculates the average revenue per opportunity in a report based on this custom formula field.
Custom summary formulas can be used for a variety of purposes, such as calculating averages, minimums, maximums, and sums of fields in a report. By using custom summary formulas, administrators can gain deeper insights into their data and make more informed decisions.