3 Questions
What is the status of an invoice when it is no longer editable?
Open
What is the status of an invoice when it is associated with a finalized invoice?
Open
When a customer pays for an invoice through Stripe, what is the invoice status?
Paid
Study Notes
- An invoice moves through different statuses from when it’s created to when it’s paid.
- Draft invoices are still editable and remain unsent.
- Pending invoices are associated with payment intent in the pending state.
- Open invoices are associated with a finalized invoice, and can no longer be edited.
- When a customer pays for an invoice through Stripe, the invoice moves into the paid status.
- Voided invoices are conceptually similar to deleting (canceling) an invoice, but maintain a paper trail.
- Uncollectible invoices are sometimes associated with customer bankruptcy.
- You can mark an invoice as paid, void, or uncollectible.
- You can delete a draft invoice at any time.
Test your knowledge of invoice statuses and their implications, including draft, pending, open, paid, voided, and uncollectible invoices.
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