Describe the purpose and value to using formulas in report, Computer Engineering

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Describe the purpose and value to using formulas in report

Problem:

Question- Describe the purpose and value to using formulas and functions in reports? (We are using SAP Crystal Reports 2013 for creating reports.) I did find some information but does not really describe the purose of value of them. I even tried advantages and disadvantages. No luck. Please I need complete answers not riddles.

Please do not provide cut and paste answers and please include a source.

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Computer Engineering: Describe the purpose and value to using formulas in report

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Computer Engineering: Describe the purpose and value to using formulas in report

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