diff --git a/packages/nc-gui/components/smartsheet/column/FormulaOptions.vue b/packages/nc-gui/components/smartsheet/column/FormulaOptions.vue
index 5268d64341..e52df87238 100644
--- a/packages/nc-gui/components/smartsheet/column/FormulaOptions.vue
+++ b/packages/nc-gui/components/smartsheet/column/FormulaOptions.vue
@@ -53,26 +53,31 @@ const meta = inject(MetaInj, ref())
 const supportedColumns = computed(
   () => meta?.value?.columns?.filter((col) => !uiTypesNotSupportedInFormulas.includes(col.uidt as UITypes)) || [],
 )
-const { metas, getMeta } = useMetas()
+const { getMeta } = useMetas()
 
 const validators = {
   formula_raw: [
     {
-      validator:  (_: any, formula: any) => {
-        return new Promise<void>(async (resolve, reject) => {
-          if (!formula?.trim()) return reject(new Error('Required'))
+      validator: (_: any, formula: any) => {
+        return (async () => {
+          if (!formula?.trim()) throw new Error('Required')
 
           try {
-            await validateFormulaAndExtractTreeWithType({ column: column.value, formula, columns: supportedColumns.value, clientOrSqlUi: sqlUi.value, getMeta })
+            await validateFormulaAndExtractTreeWithType({
+              column: column.value,
+              formula,
+              columns: supportedColumns.value,
+              clientOrSqlUi: sqlUi.value,
+              getMeta,
+            })
           } catch (e: any) {
             if (e instanceof FormulaError && e.extra?.key) {
-              return reject(new Error(t(e.extra.key, e.extra)))
+              throw new Error(t(e.extra.key, e.extra))
             }
 
-            return reject(new Error(e.message))
+            throw new Error(e.message)
           }
-          resolve()
-        })
+        })()
       },
     },
   ],
diff --git a/packages/nocodb-sdk/src/lib/formulaHelpers.ts b/packages/nocodb-sdk/src/lib/formulaHelpers.ts
index 571355083e..401712cd93 100644
--- a/packages/nocodb-sdk/src/lib/formulaHelpers.ts
+++ b/packages/nocodb-sdk/src/lib/formulaHelpers.ts
@@ -241,7 +241,7 @@ export function jsepTreeToFormula(node, isCallExpId = false) {
 function escapeLiteral(v: string) {
   return (
     v
-      // replace \ to \\
+      // replace \ to \\, escape only unescaped \
       .replace(/([^\\]|^)\\(?!\\)/g, `$1\\\\`)
       // replace " to \"
       .replace(/([^\\]|^)"/g, `$1\\"`)
diff --git a/packages/nocodb/src/meta/migrations/XcMigrationSourcev2.ts b/packages/nocodb/src/meta/migrations/XcMigrationSourcev2.ts
index 2df5d90b5a..643f5c4d0a 100644
--- a/packages/nocodb/src/meta/migrations/XcMigrationSourcev2.ts
+++ b/packages/nocodb/src/meta/migrations/XcMigrationSourcev2.ts
@@ -60,7 +60,7 @@ export default class XcMigrationSourcev2 {
       'nc_035_add_username_to_users',
       'nc_036_base_deleted',
       'nc_037_rename_project_and_base',
-      'nc_038_formula_parsed_tree_column'
+      'nc_038_formula_parsed_tree_column',
     ]);
   }