3 Questions
What can you do to an invoice when it is in the Draft status?
Edit it
What is the purpose of voiding an invoice?
To keep a paper trail
Which of the following is true about the Hosted Invoice Page after an invoice is voided?
It displays a message indicating the invoice has been voided
Study Notes
- An invoice moves through different statuses from the time it’s created to when it’s paid.
- Draft invoices are still editable and remain unsent.
- Open invoices and paid invoices are terminal, meaning that they can never take on another status.
- Voided invoices are conceptually similar to deleting (canceling) them. However, voiding an invoice maintains a paper trail, which allows you to look up the invoice by number.
- Uncollectible invoices are sometimes your customers' outstanding bills.
- You can only void invoices when they're open or uncollectible.
- After you void an invoice, the Hosted Invoice Page is still accessible, and displays a message indicating that the invoice has been voided.
Test your knowledge of the different statuses an invoice can have and the actions that can be performed on each status, including voiding and uncollectible invoices.
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