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I know how to define and use statuses for tasks, but I find nothing similar for Projects. At a certain point in time, a project is done and needs to be closed in order to avoid clutter and irrelevant information.

In ancient versions (Odoo V8), projects could be Closed. How to do this in Odoo Online?

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I found it - in Odoo Online, you don't 'Close' a Project, but you Archive it (More - Archive). There's even a dedicated view for all archived Projects.

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