Podcast
Questions and Answers
What happens when the amount due for an invoice is less than the minimum chargeable amount?
What happens when the amount due for an invoice is less than the minimum chargeable amount?
- The invoice moves to the paid status (correct)
- The invoice moves to the void status
- The invoice moves to the open status
- The invoice moves to the uncollectible status
What is the main purpose of voiding an invoice?
What is the main purpose of voiding an invoice?
- To keep a paper trail (correct)
- To delete the invoice
- To mark the invoice as paid
- To mark the invoice as uncollectible
What is the terminal status of an invoice?
What is the terminal status of an invoice?
- Draft
- Open
- Paid (correct)
- Uncollectible