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RevolutionaryWilliamsite
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3 Questions

What is the status of a paid invoice?

Open

How can you mark an invoice?

As paid

Can you delete a paid invoice?

No

Study Notes

  • An invoice's status can be one of draft, paid, voided, or uncollectible.
  • Draft invoices are still editable, but remain unsent.
  • Pending invoices are those that have an associated payment intent in the pending state.
  • Open invoices are those that have been finalized and await customer payment.
  • Paid invoices are those that have been paid by a customer.
  • Voided invoices are those that have been voided.
  • Uncollectible invoices are those that a customer is unlikely to be able to pay.
  • You can mark an invoice as paid, void, or uncollectible.
  • You can delete a draft invoice at any time.

Test your knowledge of different invoice statuses and their implications, including draft, paid, voided, and uncollectible statuses. Learn about the characteristics and actions associated with each status.

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