Podcast
Questions and Answers
Study Notes
- Stripe has an automatic collection workflow for invoices.
- Customers and products/prices need to be set up before creating invoices.
- Invoices go through a lifecycle of draft, open, paid, voided, or uncollectible.
- Open invoices are awaiting payment and can be sent or marked as paid, voided, or uncollectible.
- Paid invoices are final and cannot be changed.
- Voiding an invoice maintains a paper trail and is treated as zero-value for reporting purposes.
- Uncollectible invoices are those that customers cannot pay and can be written off for reporting purposes.
- Draft invoices can be edited, finalized, or deleted at any time.
- Stripe can send email receipts if customer emails are enabled.
- Invoices with an amount due less than the minimum chargeable amount are automatically marked as paid.
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Description
Test your knowledge of Stripe invoicing with our quiz! Discover the ins and outs of creating and managing invoices, from setting up customers and products to navigating the different invoice lifecycles. Learn about sending email receipts and marking invoices as paid, voided, or uncollectible. Are you ready to become a Stripe invoicing pro? Take our quiz now!