Using AppFormula and Initial Value

Hi. I am using an IFS statement on a column that sets the value to ‘Yes’ based on any of a number of conditions being true but I want its value to initially be ‘No’ and remain so until one of the IFS conditions are met. I set inital value to ‘No’ but doesn’t seem to be working. Can I set an initial value for a field with an App Formula? If not what is the best way to achieve my requirement?

Thanks.

Instead of IFS(...condition..., "Yes"), just use ...condition.... Use it as the column’s app formula.

Thanks @Steve. Just so I understand. By removing the IFS and leaving the condition only the app formula will auto set the field value to No until one of the conditions are met?

Correct.