# Program Application Components: Pro Formulas

Formulas are a Pro feature, available for Pro and Enterprise accounts only.

**Number Formula:** Auto-calculate across other component responses. The Number Formula will provide a numeric output based on the applicant's responses to other questions established in your formula.

**Currency Formula:** Auto-calculate across other component responses. The Currency Formula will provide a currency output based on the applicant's responses to other questions established in your formula.

### Setting up a formula component

To set up a formula component, start by selecting the *Add Formula* button on the formula's component settings.

Begin a formula with either a Form Question, Value, or Group.

**Form Question:** Select from a list of number or currency questions in the application form. The applicant's response to the question will be calculated in the formula.

**Value:** Add, subtract, multiply, or divide by a numeric value. For example, multiply by 100 to create a percentage.

**Group:** Establish an order of operations by adding a group to your formula. If you consider a mathematical formula of (10 * X)/2, what is inside of the parenthesis would be a group.