Number sequences are used to generate readable, unique identifiers for master data records and transaction records that require them.
- Go to Organization administration > Number sequences > Number sequences.

- Select Number sequence, under the New sub-menu.
- In the Number sequence code field, enter Formulas.
- In the Name field, enter Formulas.
- Expand the Scope parameters section, and select Shared as the scope for the number sequence.

- Expand the Segments section, select Add and define the format for the number sequence as follows:
- Segment – Constant; Value – FORM. Notice that the length is set to 4.
- Segment – Alphanumeric; Value – ####. Notice that the length is set to 4.

- Expand the General section, and specify whether the number sequence is manual, and continuous or non-continuous.
- Under NUMBER ALLOCATION, set the Largest to 9999.

- Select Save.