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Questions and Answers
What is the status of an invoice after it is paid through Stripe?
When can you void an invoice?
What happens to voided invoices for reporting purposes?
Study Notes
- Draft invoices are still editable and remain unsent.
- When a customer pays for an invoice through Stripe, the invoice moves into the paid status.
- Voided invoices are treated as zero-value for reporting purposes, and aren’t payable.
- You can only void invoices when they’re open or uncollectible.
- Uncollectible invoices are sometimes your customers’ last resort.
- You can update the status of an invoice to be uncollectible if it’s unlikely to be paid.
- You can delete a draft invoice at any time.
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Description
Test your knowledge of managing and understanding different statuses of invoices, including draft, paid, voided, uncollectible, and deleted invoices.
