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Questions and Answers
Which workflow does Stripe have for invoices?
Which workflow does Stripe have for invoices?
- Automatic collection workflow (correct)
- No collection workflow
- Partial collection workflow
- Manual collection workflow
When should customers and products/prices be set up?
When should customers and products/prices be set up?
- None of the above
- After creating invoices
- Before creating invoices (correct)
- During invoice creation
What is the lifecycle of invoices in Stripe?
What is the lifecycle of invoices in Stripe?
- Draft, open, voided, uncollectible
- Draft, open, paid, deleted
- Draft, open, paid, voided, uncollectible (correct)
- Open, paid, voided, uncollectible
What is the status of draft invoices?
What is the status of draft invoices?
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When can invoices be deleted?
When can invoices be deleted?
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Study Notes
- Stripe has an automatic collection workflow for invoices.
- Customers and products/prices should be set up before creating invoices.
- Invoices go through a lifecycle: draft, open, paid, voided, uncollectible.
- Draft invoices are editable and unsent.
- Open invoices are finalized and awaiting payment.
- Paid invoices are terminal and cannot change status.
- Voided invoices are similar to deleted invoices but maintain a paper trail.
- Uncollectible invoices are for when customers cannot pay outstanding bills.
- Invoices can be deleted while in draft status.
- Stripe can send email receipts if customer emails are enabled.
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Description
Test your knowledge of Stripe's invoicing system with this quiz! Learn about the different stages of the invoicing lifecycle, the importance of setting up customers and products/prices, and the automatic collection workflow for invoices. See if you know when invoices can be edited or deleted, and how Stripe handles voided and uncollectible invoices. Don't forget about email receipts - this quiz covers it all!
