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Today, I will demonstrate how to create a calculated field on a form using accounts as an example. The field, called "anniversary," will display the company's anniversary date. To do this, navigate to settings, customization, customize the system, entities, and select accounts. Create a new field with the name "anniversary" and set its data type to day and time. Specify the field type as a calculated field, and define the action to add twelve months to the "created on" date. Save the function and the field, ensuring to save and close all necessary steps.