We are an E-Commerce business, and Supply chain management has become very critical to us. Right now, in the Sales Order module, we can customize Statuses such as "Draft," "Initiated," etc. It would be super helpful if similar Status customization is also made available in the Purchase Orders module.

For example, a typical Purchase Order could go through following stages in our Organization.

Draft
Issued
Approved
Pending Inspection
Billed
Paid
Shipped
Received

I hope it is not a very difficult feature to implement, and I look forward to discussing further if needed.