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Function documentationLine Item Formulas in Auctions Locate this document in the navigation structure

 

Formulas are used to capture custom metrics for analysis to enable you to make more informed awarding decisions. A formula is a logical expression based on input parameters and operations that you define to fulfill your business requirements. The formula expression can be based on parameters including standard fields (Line Item Unit Price, Quantity Filled, Auction Bid Price, and so on), specifications and supplier entered attributes, and other formulas.

Line Item Formulas Page

On the Line Item Formulas tab of Line Item Setup, you can enter custom formulas to be used to track specific metrics.

Features

Field Help for Auction Setup: Line Item Formulas Page

Function

Description

Add

Choose to add a new formula.

Variable

Choose to validate all formulas in the list.

Activities

Adding a Formula

  1. On the Line Items page, choose Line Item Setup.

  2. Choose the Line Item Formulas tab.

  3. Choose Add.

  4. Enter formula information. For details, see Auction Formula.

  5. Save your changes.