What does "Calculate Formula Values" do?

Calculating formula values serves the purpose of precalculating formulas to enhance performance within Workday Adaptive Planning. This process is crucial, especially in environments where users frequently access reports or dashboards, as it ensures that computations are processed ahead of time. By precalculating these formulas, the system reduces the load during runtime, which leads to faster data retrieval and improved overall performance.

When formulas are precalculated, the results are stored and can be quickly accessed, preventing delays that would occur if each calculation had to be performed on demand every time a user interacts with the report or dashboard. This is particularly beneficial in complex planning scenarios where numerous calculations may need to be performed simultaneously.

The other options do not accurately describe the primary function of "Calculate Formula Values." Enhancing visual presentation of data pertains more to layout or design features rather than formula calculations. Manually updating formulas involves direct user intervention and does not represent the automation aspect of precalculation. Lastly, while data defaults may be a consideration in some functions within the platform, they do not relate to the specific process of calculating formula values.