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What is the main purpose of Fastformula
Posted: Thu May 14, 2009 3:28 am
by akumar.oracle
hi
can anyone please explain me the main use of fastformula where to use and where not to use?
ta
Arvin
Posted: Thu May 14, 2009 11:53 am
by alruwaished
Hi dear
In general the fast formula use in the following area:
- It use for Calculate element result.
- it use for element validation.
- It use for skip rule.
- It use for create report (Quickpaint) by creating element set.
- It use for query information
if you need any more information please post your question
thnaks
Posted: Tue Jun 02, 2009 9:34 am
by eng_ahmad_2007
Dear Akumar,
The main use of Oracle Fast Formulas is for Payroll Calculations where if you are using Oracle Payroll, you have to use Fast Formulas.
And I would like to add some other uses also:
1- Accrual Plan Formulas.
2- Absence Template Formulas (Absence Validation Rules)
3- OTL Approval Formulas
4- OTL Time Entry Rules Validation
What determines the type of Fast Formula is a field called "Type" in the Fast Formula setup form.
Regards,