Custom Summary Formulas for New Lightning Experience Administrators | Salesforce Exam ADX-201

Custom Summary Formulas

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Question

You can create Custom Summary Formulas based on Custom Formula Fields.

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The answer is True. In Salesforce, you can create Custom Summary Formulas based on Custom Formula Fields.

Custom Formula Fields are used to calculate values based on the values of other fields in a record. They are defined using a formula expression, and the result of the formula is stored in the custom field.

Custom Summary Formulas, on the other hand, are used to calculate summary values for a group of records in a report. They are defined using a formula expression that references fields in the report, and the result is displayed as a summary value in the report footer.

Custom Summary Formulas can reference Custom Formula Fields, allowing you to perform more complex calculations based on the values of multiple fields in a report. This can be useful when you need to calculate summary values that are not available using the standard summary functions provided by Salesforce.

To create a Custom Summary Formula based on a Custom Formula Field, you need to create the Custom Formula Field first, and then reference it in the Custom Summary Formula. You can do this by clicking on the "Add Formula" button in the report builder, selecting "Custom Summary Formula" as the formula type, and then entering the formula expression that references the Custom Formula Field.

Overall, the ability to create Custom Summary Formulas based on Custom Formula Fields provides administrators with a powerful tool for performing complex calculations and generating meaningful insights from their data.