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Questions and Answers
What are the five statuses that invoices can take on?
What are the five statuses that invoices can take on?
- Pending, Paid, Voided, Unpaid, Uncollected
- Sent, Received, Draft, Voided, Uncollected
- Draft, Open, Paid, Voided, Uncollected (correct)
- Open, Paid, Voided, Uncollected, Cancelled
When can you edit an invoice?
When can you edit an invoice?
- Only when it is in the paid status
- Only when it is in the open status
- Only when it is in the draft status (correct)
- At any time, regardless of the status
What is the difference between voiding an invoice and deleting an invoice?
What is the difference between voiding an invoice and deleting an invoice?
- There is no difference
- Voiding maintains a paper trail, while deleting does not (correct)
- Voiding deletes the invoice, while deleting maintains a paper trail
- Voiding and deleting both result in the same outcome
What happens to invoices that have an amount due less than the minimum chargeable amount?
What happens to invoices that have an amount due less than the minimum chargeable amount?
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Can you delete an invoice in the open status?
Can you delete an invoice in the open status?
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