Podcast
Questions and Answers
What happens to invoices that have an amount due that’s less than the minimum chargeable amount?
What happens to invoices that have an amount due that’s less than the minimum chargeable amount?
- They remain in the open status
- They are automatically voided
- They are automatically moved to the paid status (correct)
- They are marked as uncollectible
What is the status of an invoice after it has been finalized and sent?
What is the status of an invoice after it has been finalized and sent?
- Open (correct)
- Paid
- Draft
- Voided
What happens when you void an invoice?
What happens when you void an invoice?
- It is deleted
- It is marked as uncollectible
- It remains in the open status
- It maintains a paper trail (correct)