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Separate Folder for Rejected Drafts/Zero Bills

When Drafts, Zero Bills, etc. are rejected by the Portfolio Owners they go back to the Current Drafts Folder.
There is nothing to indicate that the Draft/Zero Bills have been rejected so they simply cycle back to the Portfolio Owners.
Is it possible for a “Rejected” Folder to be created so that all staff/Approvers are aware of what has been rejected by the PO, please and that appropriate action needs to be taken?

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