I'm looking for a formula to reference the value in a column then run a formula. I am using this to check the status of a contract then run a formula to see if too much time has passed in that status.
If contract status is "In Legal" look at date sent to legal and make the value expired if seven days have past.
=IF([Contract Status]@row = "In Legal", [Sent to Legal]@row < TODAY() - 7, "Expired", "Current")
Once I get the formula the end goal is to update the status of the contract reference the date based on the status and know if the time has expired or is still current.
Example:
Contract received on DATE, we have 7 days to send to legal.
Contract sent to legal on DATE, they have 7 days to respond.
Contract received from legal on DATE, we have 7 days to return to client.
Contract executed.
Each status would have a Current/Expired status to help track time. An automation would run once a status reaches expired.
Any help in this matter is greatly appreciated. Thank you.