Podcast
Questions and Answers
What is the status for a paid invoice?
What is the status for a paid invoice?
What is the status for a voided invoice?
What is the status for a voided invoice?
What is the status for an uncollectible invoice?
What is the status for an uncollectible invoice?
Study Notes
- An invoice moves through different statuses from the time it’s created to when it’s paid.
- Draft invoices are still editable and remain unsent.
- Pending invoices are associated with a payment intent, which is in the pending state.
- Open invoices are associated with a payment intent, which is in the accepted state.
- Paid invoices are associated with a payment intent, which is in the completed state.
- Voided invoices are conceptually similar to deleting (canceling) them.
- Uncollectible invoices are associated with a payment intent, which is in the uncollectible state.
- You can delete a draft invoice at any time.
- Summarize the key facts from the text above in 10 sentences.
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Description
Test your knowledge on the lifecycle of an invoice and its associated statuses. From draft to paid, voided, and uncollectible, understand the characteristics and actions related to each status.
