Invoice Statuses Quiz
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Questions and Answers

What status do invoices move through from creation to payment?

  • Draft
  • Open
  • Paid (correct)
  • Uncollectible
  • What happens to a draft invoice?

  • It is sent
  • It is deleted
  • It is associated with payment intent
  • It is editable (correct)
  • What is the conceptually similar option to deleting an invoice?

  • Voiding (correct)
  • Uncollectible
  • Open
  • Pending
  • Study Notes

    • Invoices move through different statuses from the time they’re created to when they’re paid.
    • Draft invoices are still editable and remain unsent.
    • Pending invoices are associated with payment intent and appear in the Dashboard.
    • Open invoices are associated with customer payment and appear in the Customers section of the Dashboard.
    • Paid invoices are associated with customer payment and move into the paid status.
    • Voided invoices are conceptually similar to deleting (canceling) them.
    • Uncollectible invoices are associated with customer not being able to pay and move into the uncollectible status.
    • You can delete a draft invoice at any time.
    • Summarize the key facts from the text above in 10 sentences.

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    Description

    Test your knowledge of invoice statuses with this quiz. From draft to paid, this quiz covers the different stages that invoices go through, including pending, open, voided, and uncollectible statuses.

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