3 Questions
What happens to an invoice when a customer pays for it through Stripe?
It moves into the paid status.
What is the status of a voided invoice?
Zero-value
When can you delete a draft invoice?
At any time
Study Notes
- Draft invoices are still editable and remain unsent.
- When a customer pays for an invoice through Stripe, the invoice moves into the paid status.
- Voided invoices are treated as zero-value for reporting purposes, and aren’t payable.
- You can only void invoices when they’re open or uncollectible.
- Uncollectible invoices are sometimes your customers won’t be able to pay their outstanding bills.
- You can update the status of an invoice to be uncollectible.
- To delete a draft invoice, you can do so at any time.
Test your knowledge on invoicing processes, payment status, and invoice management with this quiz. Explore various scenarios related to drafts, paid, voided, and uncollectible invoices.
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