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Element Entry Input Values - Default a Calculated Date (E.G. Sysdate + 7)

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Can an Element Entry have a date defaulted that is calculated such as the current date + 7 days?

Content (required):

We are trying to default a date to "NEXT" week for an effective/period end date on a Payroll Element. I see where the date the can be hard coded but can a calculated date be used?

The example would be if the employee entered the info today 12/13/2021, it would default to 12/20/2021

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