Podcast
Questions and Answers
What are the different statuses that invoices go through in Stripe Invoicing?
What are the different statuses that invoices go through in Stripe Invoicing?
- Approved, rejected, pending, and cancelled
- Draft, open, paid, voided, and uncollectible (correct)
- Paid, overdue, cancelled, and pending
- Delivered, processing, returned, and refunded
What needs to be set up before using Stripe Invoicing?
What needs to be set up before using Stripe Invoicing?
- Payment methods
- Customer service support
- Shipping options
- Customers, products, and prices (correct)
Which of the following is true about draft invoices?
Which of the following is true about draft invoices?
- They are final and awaiting payment.
- They are treated as zero-value and not payable
- They are editable and unsent. (correct)
- They can be written off and tracked for reporting purposes.
What is the status of invoices that have been paid?
What is the status of invoices that have been paid?
How can invoices be managed in Stripe Invoicing?
How can invoices be managed in Stripe Invoicing?
Study Notes
- Invoices go through different statuses from creation to payment.
- Stripe has an automatic collection workflow for invoices.
- Customers, products, and prices need to be set up before using Stripe Invoicing.
- Invoices can be managed through the Dashboard or API.
- There are five invoice statuses: draft, open, paid, voided, and uncollectible.
- Draft invoices are editable and unsent.
- Open invoices are final and awaiting payment.
- Paid invoices are terminal and cannot change status.
- Voided invoices are treated as zero-value and not payable.
- Uncollectible invoices can be written off and tracked for reporting purposes.
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Description
Test your knowledge of Stripe Invoicing with this quiz! Learn about the different statuses invoices can go through, the automatic collection workflow, setting up customers, products, and prices, and managing invoices through the Dashboard or API. See if you can identify the five invoice statuses and their characteristics, from draft to uncollectible. Sharpen your skills and become a Stripe Invoicing expert today!
