You can create a formula component from the System View. Formula components can be used in business rules and templates.
Note:
Formula components can be used in Oracle Hyperion Financial Management, Oracle Hyperion Planning, and Oracle Essbase block storage business rules and custom templates.
To create a formula component:
The application must be a valid Oracle Hyperion EPM Architect application, an application created with Financial Management or Planning, application administration, or an Essbase block storage application.
Note:
From the System View, if you right-click Formulas and select New to create a new formula, the New Formula dialog is populated with the application type name, the application name, and the calculation type, the plan type, or the database name in which you are working.