Adding Deliverable Status to the mix allows to manually move a Deliverable through a series of statuses that are independent of the Tasks in the Schedule. This also appears in all Deliverable reports as well.
NOTE: To access this setup, you first need to enable Deliverable Status from Transaction Preferences > Deliverables > Use Status With Deliverable.
See Deliverables Board for more info.
Menu > Admin/Manager > System Setup > Global Lists > Deliverable Status
Status: Name each status as your workflow needs.
Color: Allows you to assign a color that becomes visible in the Deliverables Board.
Mark As Completed: Can assign to multiple statuses. This will check the Approved box in the Deliverable setup, which complete the deliverable and makes it no longer active, even if there are still users reviewing it.
Default: Can assign to only one status. This will default all new deliverables to this status.