When you have multi-level account hierarchies, there are often many benefits to having all child accounts directly related to the top level account. For example, it can make it easier to pass information down from the top level parent, or to aggregate information up to that level without having to traverse multiple relationships.
The name of this field can be Ultimate Parent Formula LH. Here's a sample of this formula:
CASESAFEID(BLANKVALUE(Parent.Parent.Parent.Parent.Parent.Parent.Id,
BLANKVALUE(Parent.Parent.Parent.Parent.Parent.Id,
BLANKVALUE(Parent.Parent.Parent.Parent.Id,
BLANKVALUE(Parent.Parent.Parent.Id,
BLANKVALUE(Parent.Parent.Id,
BLANKVALUE(Parent.Id,
null)))))))
This formula goes up six levels to get the ultimate parent's id, and it can also be modified to go further.
Once the formula is created, you'll need to create the Lookup Field that will be populated by Lookup Helper. This will be a Lookup to the Account Object; it can be named "Ultimate Parent Account."
After this field has been created, you can go into Lookup Helper to create the setting.