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 allows 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 identifies pre-defined processes you can use in status codes:
| Process | Description |
|---|---|
| Post | This process posts transactions to the activity. |
| Budget | This process defines a budget for the activity. |
| Allocation | This process posts allocations to the activity. |
| Revenue |
This process recognizes and generates revenue transactions for the activity in the Lawson Billing and Revenue Management application. |
| Billing |
This process lets you bill customers in the Lawson Billing and Revenue Management application. You must check this for a contract type activity to create billing transactions. |
| Capitalization | This process lets you capitalize costs posted to the activity. |
| Purge |
This process makes the activity eligible for purging. Note: You cannot use the Purge process together with
other processes.
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