I am trying to install a timestamp into my workbook in col V. Col U contains the data I would want time stamped. Here is the formula:

=IF(U2<>"",IF(V2="",NOW(),V2),"")

No conditional formatting present
circular formulas have been turned on

I do not get an error I just get nothing. Formula evaluator is not helping either as it is focused on the circular aspect of the formula

Please advise