Step by Step:

Use job flags to assign a "sub-status" to the job outside of the default Open-Active, Open-Bid, Closed-Completed statuses. The job flag displays in several places including the Job Search screen and is can be used as a filter on most Job Costing reports. 

 - Job Flags can be assigned via the Profile menu of each job.

Step 1: Go to Administration > Job Costing > General Setup > Job Flags.

Step 2: Click Add to create a new job flag.

Step 3: Description - Enter the job flag. For example, Ready for Review, or Waiting Customer Approval.

Step 4: Is Default - Check this box if by default this flag should be assigned to jobs when they are created. 

Step 5: Click OK.