What are the different statuses a Payment Application can have?
Each Payment Application is assigned a status that reflects its current stage in the billing lifecycle. Users manually update the status as the application progresses:
- In Progress — The Payment Application has been created and is actively being built or edited. It has not yet been submitted for review.
- Submitted — The Payment Application has been completed and submitted to the owner or relevant party for review and approval.
- Approved — The Payment Application has been reviewed and approved. A new Payment Application may now be created for the next billing period, and the application can be marked as Paid.
- Rejected — The Payment Application has been reviewed and rejected, requiring corrections or resubmission before payment can be authorized.