Add Hold Reason to Procurement Contract

Summary:

We have a client that would like to add a custom hold reason like "Waiting on Board Approval". Can you please provide guidance to add a custom hold reason when applying a hold to a contract?

Content (please ensure you mask any confidential information):

Version (include the version you are using, if applicable):

25D (11.13.25.10.0)

Code Snippet (add any code snippets that support your topic, if applicable):