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Suggested by Philip Potgieter Needs Votes 

Set the vendor Status on hold, when a new vendor is created. at the moment a new vendor is created and users can create documents. the status change workflow only becomes applicable when the vendor exist and the status is change, this is to late when a new vendor is created.

Status Details

Thank you for your feedback. Currently this is not in our roadmap; however, we are tracking it and if we get more feedback and votes, we may consider it in the future.