Approved vs Received for Record vs other terminology

Member for

16 years 3 months

Approved means it was reviewed and the reviewer found no erros and have BOUGHT into it.

Received for Record means they have recored that they have received but do not necessarily BUY INTO IT its a CYA

Also sometimes an updated  schedule must be submitted witha payment application or before a payment application can be processed. This forces the updating of a schedule and if the schedule is significantly behind schedule then retention can be with held on the payment application.