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How much detailed steps do you take the time to enter in OF?

For example, if you where waiting on a contract to have someone sign and return would you enter in OF:

Receive contract - waiting
Send contract to Joe for signature - email
Receive signed contract - waiting
Send contract to vendor - errand

Do you enter each step of a project in advance? Or do you enter steps as they occur just to keep track?

How much detail do you enter?

Tim