Formulas in OpenBOM are equations you create in a cell which performs simple arithmetic operations using the designated cells. The basic principle to understand is that a formula equation is in the usage of properties as parameters for the formula. The formula is always defined in the context of a specific line (Item).
So if you have a BOM like this one.
A simple formula calculating Ext Cost based on quantity and formula.
The second type of simple formulas in OpenBOM is called rollup. The property to define rollup is in the bottom of the grid. You can enable it by selecting the menu – Enable Totals. Rollup value will show up. You can edit formula for rollup as well.
The following video gives you an idea how it can work.
OpenBOM formula and calculation is a powerful yet very flexible mechanism to do a very basic, but important calculation based on these formulas.
You can try formula by registering to FREE OPENBOM USER account.
PS. Let’s get to know each other better. If you live in the Greater Boston area, I invite you for a coffee together (coffee is on me). If not nearby, let’s have a virtual coffee session — I will figure out how to send you a real coffee.