We could add color on the Custom Field depending on what color it should be. We can also add conditions for it.
Here is the formula we can use:
CASE WHEN {trandate}>{custbody215} THEN '<p style="font-style:italic;background-color:#F36161;text-align: center;">LATE ' ELSE '<p style="font-style:italic;background-color:#9FE2BF;text-align: center;">ON TIME 'END
Kindly change the internalid on the formula with the internal id of your fields.
Hope this helps 😊 Let us know about your thoughts!