You need a verifiedcalculation field (calculation) and a verify field (text field). Setup the text field as the checkbox that is seen on the layout. Use a script trigger on the layout onRecordLoad to run a script to check the status of the calculation field.
Thanks Chamblee. Sounds like a good idea. Only problem I see is that the script will run as I enter the record before I have had a chance to make changes. If I make changes the verified checkbox would not reflect anything until next time I go to the record. How about instead I use OnObjectModify on the modifiable fields. This way if one changes it will update. Let me know if you see problems with that. I'm gonna test in the mean time.
I enter the calculation on record load so that the calculation field would update the text field automatically when you enter the record. If you use onObjectModify then the text field would only update when the field is modified. I wasn't sure how you need the verified field to update.
Thanks again. I used a version of this with the onModify and it works perfect!