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Validation rule to prevent lead conversion based on field 'Lead Status'

Knowledge Article Number 000187194
Description Need to create a validation rule to prevent the lead conversion based on the value in the Lead Status field.
Resolution To allow converting the leads only with Lead Status as "Qualified", please use the validation rule below:

AND( IsConverted, NOT( TEXT( PRIORVALUE(Status) )  = "Qualified") )


The above validation rule is considered on any field and (Isconverted) function is only on Lead object.

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