How to create a unique ID based on criteria's from different columns. The formula should auto assign a new unique ID when a new entry is added in the manner :
1) Assign a new & unique ID (next in series), if the description is new and not repeated earlier in the list. The new unique ID should consider the Risk Rating as well
2) If the description is repeated, then assign the same unique ID as assigned to its predecessor.
Attached a sample raw data.
Unique ID Raw Data.JPG
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