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This tutorial demonstrates how to create a formula on an envelope or template. Formulas can be applied to text box drop-down and date signed fields. Text boxes should only contain numbers and dates. Data labels are crucial for identifying and using the formula correctly. Name text boxes accordingly and complete data labels. Enter the formula in the field and click setup to access a dropdown menu of fields on the document. Select the desired operations and options, such as decimal places. Save the calculation without needing to include an equals sign.