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dragan loncardragan loncar 

Please check the security settings of this field and verify that it is read/write for your profile or permission set.

Hi  
I wanted  to update  field membership status in  object  contact   using this       contact.Membership_Status__c = "Approved";
when i open  object concta i can see  field membership Status has formula:
text( Latest_Membership__r.Membership_Status__c )
I am gettinh error 
The error returned was Unable to create/update fields: Membership_Status__c. Please check the security settings of this field and verify that it is read/write for your profile or permission set. 
The  fields without formula i can update 
Please help