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Questions and Answers
What status is an invoice in when it is visible in the Dashboard and has an associated payment intent?
What status is an invoice in when it is visible in the Dashboard and has an associated payment intent?
- Draft
- Paid
- Pending (correct)
- Uncollectible
What is the difference between voiding an invoice and deleting it?
What is the difference between voiding an invoice and deleting it?
- Voiding an invoice is more permanent
- Voiding an invoice maintains a paper trail (correct)
- Deleting an invoice is more permanent
- Deleting an invoice maintains a paper trail
When can you delete a draft invoice?
When can you delete a draft invoice?
- When it is paid
- When it is pending
- When it is uncollectible
- At any time (correct)
Study Notes
- An invoice moves through different statuses from the time it’s created to when it’s paid.
- Draft invoices are still editable and remain unsent.
- Pending invoices are visible in the Dashboard, and have an associated payment intent.
- When a customer pays for an invoice through Stripe, the invoice moves into the paid status.
- Voided invoices are conceptually similar to deleting (canceling) it. However, voiding an invoice maintains a paper trail, which allows you to look up the invoice by number.
- Uncollectible invoices are sometimes created when a customer won’t be able to pay their outstanding bill.
- You can mark an invoice as paid, void, or uncollectible.
- You can delete a draft invoice at any time.
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Description
Test your knowledge about different statuses an invoice can have from creation to payment, including draft, pending, paid, voided, and uncollectible statuses.
