5301.6 Accounts control stages applied to every project

Muli Control Code 242 records the project status - There are 7 to choose from.

Active - A
The project has been started and is active.
Budget frozen - B

The budget has been loaded but management have frozen it. The project team may only use Budget Journals or Variations to move money between allocation Budgets.
No more Orders - O

The project team has made a statement that all costs to complete the project have been allowed for and Management has changed the project status to stop additional commitments being allocated to the project. This stops profitable projects becoming supporters of spurious costs.
Finished - F

All costs have been finished, usually set by Management on advice of project team. This stops any further costs being allocated to the project, The status has to be changed back to allow transactions to be processed.
Completed - C

At the end of a financial year, projects that have a Finished status may be moved to a completed status.

Requires that the revised contract value = Invoiced client = received from client =Project costs (which includes project Contribution)

Projects with a completed status cannot be reopened.
Hidden - H

This removes the project from general accessibility unless your RPC has special clearance.
Partial Finish - P

Only used for small jobs

(Muli also provides a process orientated 100-point project progress code - Muli Code 658)