The Stage and Status fields in a Contract record provide key information about where a contract is in the contract management lifecycle. The Stage and Status Tracking grid can be used to monitor every change to one or both of these fields.
Each time a user changes the Stage and/or Status field in a contract record and clicks 
, if the Stage and Status Change Notes Required option is ON (for more information, click the Application Settings link), the system displays a pop-up with the following message: The Stage or Status changed; please enter a note or comment. Enter a note and click OK.
For every change in Stage or Status, a new a row is created in the Stage/Status Tracking grid. To open the Stage/Status Tracking grid, click the </> icon above either field. Each row represents a change to either Stage or Status, or both. As with other grids, users may modify the sort order by clicking on a column header, remove unwanted columns from the display by deselecting them from the Columns drop-down, and filter columns. The default columns are:
Stage
Status
Start Date (date that Stage and Status combination began)
End Date (date that Stage and Status combination ended)
Days Elapsed (how many days the contract remained in that Stage/Status)
Username (who made the change)
Notes/Comments (any notes or comments entered by the user who made the change)
Created Date (date and time the stage/status change was made)
Click 
to close the Stage & Status Tracking grid.
Stage/Status updates via Workflow
In systems for which Workflows are a part of the account, updates to Stage/Status made by a workflow are also captured. In that case, the Notes/Comments column includes the text “Added by workflow” and the Username column contains the name of the workflow.