Name

Your internal name for this status.

Type

Is this the status for an order, payment or shipping? Once the status is created, you can’t change the type

Display Name

The name which is shown to a customer.

Description

A description of this status. What does it mean to you?

Highlight Color

The color of the dot in front of this status in the order list and in the list of order statuses in the back end. If you leave it empty, the statuses Event Gallery installs get a suggested color - for example green for Paid and amber for Not paid - and your own statuses a gray dot.