It is sometimes helpful to be able to access other databases (or even the entity’s own database) in formula fields. This has come up a bunch of times over time, but latest instance was when I wanted to find the previous and next items in a series of entities (daily notes). However, I am not able to reference the parent database to filter and sort based on the current entity.
[Daily Notes].Filter(Date > [This Daily Note].Date)
.Sort(Date)
.First()
I have noticed that you are able to access other databases to lookup information in automation formulas.