5 Questions
What is the lifecycle of Stripe Invoicing invoices?
Draft, open, paid, voided, or uncollectible
What is the status of draft invoices?
Editable and unsent
Can paid invoices change status?
No
What is the purpose of uncollectible invoices?
To track bad debt for reporting purposes
When can invoices be deleted?
Anytime while in draft status
Study Notes
- Stripe Invoicing has an automatic collection workflow for invoices.
- Customers and products/prices need to be created before using Stripe Invoicing.
- Invoices go through a lifecycle of draft, open, paid, voided, or uncollectible.
- Draft invoices are editable and unsent, while open invoices are finalized and awaiting payment.
- Paid invoices are terminal and cannot change status.
- Voided invoices are maintained for record-keeping but aren't payable.
- Uncollectible invoices allow you to track bad debt for reporting purposes.
- Invoices can be deleted at any time while in draft status.
- Stripe can automatically charge customers shortly after generating an invoice.
- Customer email receipts can be enabled.
Think you know all there is to know about Stripe Invoicing? Test your knowledge with this quiz! From the automatic collection workflow to the different invoice statuses, this quiz will cover everything you need to know to become a Stripe Invoicing expert. Keywords: Stripe Invoicing, automatic collection workflow, invoice statuses.
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