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In CRM Administrator Menu/Transactions Tab you can find Statuses Section where you can create statuses and adjust settings and rights to change statuses in transactions.

Setting nameDescription
Status NameType in status name on default language.
Status Name (En)Status name on English.
Can edit in this statusIf checked Transaction is editable in this status. If unchecked Transaction is read only.
Record date of status changeIf checked this status change date records in Status Date field type (Transactions attributes section in CRM Administrator Menu/Transactions Tab).
Change outSelect groups which can change from this status to another.
Change toSelect groups which can change from different statuses to selected status.
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