I have the following formula in a field names "Status":
IF({Current Performance}=5,"5: Excellent",
IF({Current Performance}>=4,"4: Good",
IF({Current Performance}>=3,"3: Fair",
IF({Current Performance}>=2,"2: Poor",
IF({Current Performance}<2,"1: Very Poor")))))
The Current Performance field is a lookup field set to show the last (most recent) item from the related table.
If the Current Performance field is blank (no record in the lookup table) the formula will return "Very Poor" even though there is no number in the Current Performance field. I've tried various iterations of the formula, but can't seem to make it behave properly. Essentially, if the Current Performance lookup field is empty there should be no corresponding record in the Status formula field.
Any ideas/suggestions?