Podcast
Play an AI-generated podcast conversation about this lesson
Questions and Answers
What is the status of an invoice when it has been finalized and is awaiting customer payment?
What is the status of an invoice when it has been finalized and is awaiting customer payment?
- Draft
- Pending
- Open (correct)
- Paid
What is the status of an invoice when it is void or canceled?
What is the status of an invoice when it is void or canceled?
- Draft
- Pending
- Open
- Voided (correct)
What is the action that can be taken when an invoice is still in a draft status?
What is the action that can be taken when an invoice is still in a draft status?
- Send it
- Void it
- Delete it (correct)
- Mark it as paid
Flashcards are hidden until you start studying
Study Notes
- Invoices move through different statuses from the time they’re created to when they’re paid.
- Draft invoices are still editable and remain unsent.
- Pending invoices are when the associated payment intent is in the pending state.
- Open invoices are the invoice has been finalized, and is awaiting customer payment.
- Paid invoices are when a customer pays for an invoice through Stripe.
- Voided invoices are when an invoice is void or canceled.
- Uncollectible invoices are when the customer won’t be able to pay the outstanding bill.
- Deleting draft invoices.
Studying That Suits You
Use AI to generate personalized quizzes and flashcards to suit your learning preferences.
