Activity status code

Each activity requires a status code. A status code is a user-defined code that identifies the predefined Project Accounting processes valid for an activity at any given time. For example, you can define a status that enables posting, budgeting, and allocations. You can create as many statuses as necessary, and you can assign any status to any activity at any time. This table shows the pre-defined processes that you can use in status codes:


Process	Description
Post	Posts transactions to the activity.
Budget	Defines a budget for the activity.
Allocation	Process posts allocations to the activity.
Revenue	Recognizes and generates revenue transactions for the activity in the Lawson Billing and Revenue Management application.
Billing	Bill customers in the Lawson Billing and Revenue Management application. You must check this for a contract type activity to create billing transactions.
Capitalization	Capitalize costs posted to the activity.
Purge	Makes the activity eligible for purging. Note: You cannot use the Purge process together with other processes.

Note: To make an inactive status, create a status code in which any of these processes are not defined.