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Automations are configuration logic embedded in an entity. They read and write fields on that entity — setting record IDs, populating fields, generating labels, enforcing validation rules. The entity is loaded as a Python object. You read and update its fields the same way you would in a formula: 
entity.fields.record_id = f"REC-{len(entity.get_field_refs())}"

entity.fields.category = "Stability"

entity.status_tag = ("Expired", "danger")

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Creating labels

Create PDF labels from entity data with configurable layouts. Requires the Label creation blueprint — see Creating labels blueprint.