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Aaliya YusufzaiAaliya Yusufzai 

Creating a Formula Field when License Type is "New" add the Amount from "Total Amount" field

I'm trying to create a field if License Type (which is a formula field) equals New, then we should bring in a value from a Currency field "Total Amount"

Not sure how to do this.
Best Answer chosen by Aaliya Yusufzai
Try this.
IF(License_Type__c = 'New', Total_Amount__c, 0)