Streamline Your Invoicing Process with Stripe
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Questions and Answers

What is the automatic collection workflow in Stripe Invoicing?

  • The process of creating customers and products for future transactions
  • The process of sending email receipts to customers
  • The process of moving invoices through different statuses from creation to payment (correct)
  • The process of drafting and revising invoices before finalization

    • What is the status of a draft invoice?

  • Still editable and unsent (correct)
  • Paid and terminal
  • Open and awaiting customer payment
  • Uncollectible

    • What happens to invoices with an amount due that's less than the minimum chargeable amount?

  • They remain in the open status
  • They are voided and treated as zero-value for reporting purposes
  • They are automatically charged to the customer's credit balance and move to the paid status (correct)
  • They are marked as uncollectible

    • What is the difference between voiding an invoice and deleting it?

    <p>Voiding an invoice maintains a paper trail, while deleting it erases all record of the invoice</p> Signup and view all the answers

    When can you void an invoice?

    <p>Only when it's open or uncollectible</p> Signup and view all the answers

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