How To Use a Formula Field to Capture a Lookup Field

Have you ever needed to get data from one object onto another object? Do you want to put Account data onto the Contact Record? Use a formula field and the object manager to get the job done. This an easy way to share data fields between objects, so you don't have to input the same information in two different places. Use it to put the record ID of a parent record on a child record so you don't have to search for it.