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Formula Question about date and time

edited Dec 6, 2019 2:35PM in General 2 comments

I have a  custom entity  date field that show an expiration date and I have a custom transaction field which has the following formula:

  CASE WHEN {entity.custentity_new_customer_expiration_date} > {today} THEN 'T' ELSE 'F' END

I am getting 'F' on all transactions where the expiration date is set to expire 8/20/2014( I have selected 100 customers to test this on )
The field  {entity.custentity_new_customer_expiration_date} = 2014-08-20 00:00:00
BUT...
The field {today}= 27-FEB-14

How do I correct the date format from my custom date to match and compare to {today}

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