Updating Element Entry using formula results in Oracle Fusion
Could you advice how to update element entry using formula results.
It is required to return result of formula to keep record and use it to calculate based on it. In EBS, I used Update Recurring Rule in Formula Result Rules to update a field in element but this option is not exist in Oracle Fusion.
For Example: I need to return loan balance after deducting installment in order to be displayed in element entries for paymaster. Then I used this field to re-calculate balance .