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When a Firm is onboarding, the firm.status field will go through the following values. A firm.updated webhook will be sent out every time the status changes. CREATED -> The Firm was created but there haven’t been any edits to the application so far. APP_IN_DRAFT -> The application for the Firm has been updated and is currently being filled out. APP_SUBMITTED -> The application has been submitted and is waiting for the authorized signer to complete the agreement. APP_IN_REVIEW -> Agreement has been signed and the application is under review. ACTIVE -> The Firm has passed underwriting and is ready to start processing payments. HELD -> The firm can still accept client payments, but deposits to its bank accounts are paused. Funds collected while the firm is on hold are deposited after the hold is released. INACTIVE -> The Firm is no longer able to process payments. Below is a simple query that gets the status of a Firm. See the GraphQL Playground for the complete list of fields available on the Firm object.
When status is ACTIVE the Firm is ready to process payments.