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I need to create a formula field which returns the date when the status (picklist) field is marked as complete.

I have tried below formula but it is updating today's date for all the ones which were updated long back. Could you suggest what changes need to be made?

If(
    Ispickval(status__c, 'completed'), 
    TODAY(), 
    NULL
)
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5
  • What have you tried? Where are you stuck? Edit your question to include that information, otherwise this comes off as a "do my work for me" request.
    – Derek F
    Oct 7, 2022 at 14:16
  • I have added the formula
    – Guest
    Oct 7, 2022 at 14:22
  • I've taken the liberty of adjusting the formula to be syntactically correct, and have retracted my close vote.
    – Derek F
    Oct 7, 2022 at 14:24
  • Have you checked Field History tracking option?
    – Sid
    Oct 7, 2022 at 15:08
  • No, can you tell what to do?
    – Guest
    Oct 7, 2022 at 15:20

1 Answer 1

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Formula fields are re-calculated every time that the record is accessed. They're not a one-time calculation, so they are not suited for the problem you're trying to solve here.

Instead, you should use a before-save record-triggered flow with a custom date field to:

  • detect when your record's status is changing to "completed"
  • and then execute an immediate action to set your date field with TODAY()
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