You may also need to write conditional statements. For example, in the Cost Source Master Data set, you need to identify whether a row is labor or not. This is done through a column called Is Labor which is expecting a yes or no value. You’ll likely need to create a column using an IF statement to determine the yes or no response. For example, you might want to write a formula that looks at the Cost Pool and, if the Cost Pool is Internal or External Labor, then return a yes value, otherwise return a no value.
The syntax for IF is:
If(condition, true_statement, false_statement)
In the example of the Is Labor column, the formula might be:
If(Cost Pool IN ("External Labor","Internal Labor"), "yes", "no")
For more information about the IF syntax, please refer to the Online Help > Studio Guide > Formulas and Functions > Functions > IF.