Creating project statuses

  1. Select Financials > Project Ledger > Setup > Project Setup.
  2. Click the Status tab and click Create.
  3. Specify this information:
    Project Status, Description
    Specify a status code and description. A status code identifies the eligible actions for a posting project. Each status can have a single action or a combination of actions. For example, Billing only or Billing and Revenue.
    Billing, Revenue, Capitalization, Purge
    Select the actions that are valid for the status code by selecting Yes or No in the corresponding status code fields.
  4. Click Save.