Context. It is now well known that certain massive galaxies undergo enormous enhancements in their star formation rate (SFR) when they undergo major mergers. These enhancements can be as high as 100 times the SFR of unperturbed galaxies of the same stellar mass. Previous works have found that the size of this boost in star formation (SF) is related to the morphology of and the proximity to the companion. The same trend has also been observed for the fraction of active galactic nuclei (AGN), where galaxies that are closer together tend to have higher AGN fractions. Aims. We aim to analyse the SF enhancement and AGN fraction evolution during the merger process by using a more timeline-like merger sequence. Additionally, we aim to determine the relation between the SF enhancement in mergers and the morphology of the galaxies involved. Methods. Taking advantage of the stellar masses (M*) and SFRs of the ∼600 nearby isolated mergers obtained in our previous study, we calculated the distance of each of our galaxies from the star-forming main sequence (MS; specific SFR (sSFR)/sSFRMS), which werefer to as the SF mode. We then analysed how the SF mode varies during the merger process as a function of morphology and M*. Additionally, we analysed the AGN content of our mergers, using multiple diagnostics based on emission line ratios and WISE colours. Results. We observed that, overall, merging galaxies show an SF mode that is governed by their morphology. Spirals typically show high SF mode values, while highly disturbed (HD) galaxies are generally even more enhanced (median values of +0.8 dex and +1.08 dex above the MS, respectively). In contrast, elliptical and lenticular galaxies show the lowest SF modes, as expected. However, even they show SF enhancement compared to their unperturbed counterparts. For example, their median SF mode is just within the 1-sigma scatter of the MS, and this can occur even before the galaxies have coalesced. We observed a trend for the SF mode to gradually increase with increasing merger stage. We did not find a clear dependency of the observed AGN fraction on the merger stage for the majority of our classification methods. Conclusions. We find mergers can significantly enhance SF in galaxies of all morphologies. For early-type galaxies, this could suggest that some gas was present prior to the merger, which may be triggered to form stars by the tidal interaction. As the SF enhancement continues throughout the merger process, this suggests that the enhancement may be a long-lived event, contrary to the short starbursts seen in some models.