There are many uses for formulas. If you have a need for specialized data manipulation, you can do it with a formula.
To calculate a price discounted 15%:
{Orders_Detail.Unit Price}*.85
formula = {Orders_Detail.Unit Price}*.85
To change all the values in the Customer Name field to uppercase:
UpperCase ({Customer.Customer Name})
formula = UCase ({Customer.Customer Name})
To extract the first letter of the customer name:
{Customer.Customer Name} [1]
formula = {Customer.Customer Name} (1)
To determine what month an order was placed:
Month ({Orders.Order Date})
formula = Month ({Orders.Order Date})
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