| Applies toField Level Help | AudienceAll users | Last updatedJanuary 08, 2026 |
Formula Version Basic Fields
- Certification Status - Indicates the status of the formula version: New, Certified, Under Development, or Closed.
- Only formula versions with Certified status can be used in production.
- Default - The default formula version is used first in the Sales Order planning routine and work order creation routine.
- Description - Additional information for the formula version.
- Ending Date - The date until which this formula version remains active. This field can be blank.
- Formula Management - Specifies how component quantities or percentages are defined:
- Qty. Per defines quantities of components used for the finished good.
- Percentage: Defines the percentage of each component used for the finished good (used in batch manufacturing). The total percentage for all components must equal 100%.
- Item - The parent item that is associated with this formula version.
- Starting Date - The date from which this formula version becomes active. This field can be blank.
Article Formula-Version · Last updated January 08, 2026 · GoldFinch ERP Help Center
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