When I'm working with Admin login privileges, it would be idea to have an Edit icon or link in the top-right to quickly get to an Entity to refine it.
Currently it's click ... , click Administration, click Entity Manager, scroll and find Entity, click Entity, click Edit/Fields/Layouts/Relationships/Formula.
Currently it's click ... , click Administration, click Entity Manager, scroll and find Entity, click Entity, click Edit/Fields/Layouts/Relationships/Formula.