Invoice Management Basics Quiz
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Questions and Answers

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

  • The invoice is voided
  • The invoice is deleted
  • The invoice moves into the paid status (correct)
  • The invoice is marked as uncollectible
  • What is the status of a voided invoice?

  • Paid
  • Uncollectible
  • Draft
  • Zero-value (correct)
  • What can you do with a draft invoice?

  • Delete it (correct)
  • Send it
  • Mark it as uncollectible
  • Pay 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.

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    Description

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

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