Dynamic Line Item Label

One recent scenario was where the Line Item Labels are shown as CY, CY-1,CY-2,CY-3 and users wants this name to be dynamic like 2024,2023,2022,2021, I want this label to change in all modules each year as the current period changes.

There were many occasions where there were requirements to change Line Item Label, which required a change in multiple modules. Model Builders and Business Users are impacted.

I want to make the Line Item Label dynamic where a formula is used to refer a constant Text value from a Central Lookup System Module and Text value can be entered directly as label where there is no reference. This is useful for Line Item Labels that keeps changing and same Line Item Label is used in multiple modules. which can be updated at single source location in the Lookup Module. This makes Line Item Labels Sustainable and Auditable

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