5 Questions
What are the different statuses that invoices go through in Stripe Invoicing?
Draft, open, paid, voided, and uncollectible
What needs to be set up before using Stripe Invoicing?
Customers, products, and prices
Which of the following is true about draft invoices?
They are editable and unsent.
What is the status of invoices that have been paid?
Paid
How can invoices be managed in Stripe Invoicing?
Both through the Dashboard and API
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.
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!
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