I have an oracle table like this:
create table tms_transaction_tbl
(
trans_id number primary key,
location_id number,
trans_date date,
resource_id number,
ts
You cannot refer to other columns in the DEFAULT expression
Here is the snippet from Oracle Documentation
Restriction on Default Column Values A DEFAULT expression cannot contain references to PL/SQL functions or to other columns, the pseudocolumns CURRVAL, NEXTVAL, LEVEL, PRIOR, and ROWNUM, or date constants that are not fully specified.
You can't use a SELECT as a default value, it must be a constant.
If you're using Oracle 11g this is what virtual columns are for. You can't insert into or update them but the provide a pre-calculated column in the database for you.
create table tms_transaction_tbl
( trans_id number primary key,
location_id number,
trans_date date,
resource_id number,
ts_id number,
max_value number,
booked_units number default 0,
remaining number generated always as ( max_value - booked_units ) virtual,
booked number not null ,
user_id number,
trans_time timestamp
);
The syntax is further described in the documentation for the CREATE TABLE statement. If you're not using 11g you can achieve the same logic with a view on top of your table.
If you don't want to use a view or a virtual column then I can only recommend that you do not store this data at all.