Invoice Management Basics Quiz

Start Quiz

Study Flashcards

3 Questions

What happens when a customer pays for an invoice through Stripe?

The invoice moves into the paid status

What is the status of a voided invoice?

Zero-value

What can you do with a draft invoice?

Delete it

Study Notes

  • Draft invoices are still editable and remain unsent.
  • When a customer pays for an invoice through Stripe, the invoice moves into the paid status.
  • Voided invoices are treated as zero-value for reporting purposes, and aren’t payable.
  • Uncollectible invoices are sometimes your customers won’t be able to pay their outstanding bills.
  • You can delete a draft invoice at any time.
  • Summarizing the key facts from the text above in 10 sentences.

Test your knowledge of invoice management with this quiz covering topics such as invoice statuses, payment processing, and handling uncollectible and voided invoices.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free
Use Quizgecko on...
Browser
Browser