Here’s how to build the calculated field step-by-step:

1) Search for the task “Create Calculated Field”.

2) Populate the Create Calculated Field Screen:

• Field Name: Enter a descriptive name, for example, “CF - FD - Scheduled Payment Month”.
• Business Object: Select the business object as "One-Time Payment".
• Function: Select “Format Date”.

3) Populate the Configuration Screen:

• Date Field: Choose the field containing the date you want to extract the month from, in this case, it will be the Scheduled Payment Date.
• Format: From Drop down choose Format Mask
• Format Mask: Use the format 'MMMM' to display the full month name.

4) Save the calculated field.

Example:

Thanks,