Tranform incoming API data to a drop down field

Tranform incoming API data to a drop down field

Hello, we have recently a build an intergration with one of our products, which pushes data into a custom module into our CRM.

The data we are pushing is initialed, but we would like to be able to create a key for when this creates the module entry

For Example
L = Live
R = Revoked
U = Unassigned

The way this is currently working is pushing the data 'L' into the drop down field.



Is this possible in the CRM?