Podcast
Questions and Answers
True or false: Customers and products can be created after setting up Stripe Invoicing.
True or false: Customers and products can be created after setting up Stripe Invoicing.
False (B)
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Study Notes
- Stripe has an automatic collection workflow for invoices.
- Customers and products must be created before setting up Stripe Invoicing.
- Invoices go through a lifecycle of draft, open, paid, voided, or uncollectible.
- Draft invoices are editable and unsent.
- Open invoices are finalized and awaiting payment.
- Paid invoices are terminal and cannot change status.
- Voided invoices maintain a paper trail and are treated as zero-value.
- Uncollectible invoices are for bills that won't be paid.
- Invoices can be deleted at any time during the draft stage.
- Stripe can send email receipts to customers if enabled.
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