Stripe Invoicing 101

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Questions and Answers

What is the purpose of creating customers and products and prices before using Stripe Invoicing?

  • To notify the customer about the invoice
  • To facilitate future transactions (correct)
  • To automatically charge the customer
  • To finalize the invoice

What is the basic lifecycle of an invoice in Stripe Invoicing?

  • Draft, open, pending, paid, voided
  • Open, pending, paid, voided, uncollectible
  • Draft, pending, paid, voided, uncollectible
  • Draft, open, paid, voided, uncollectible (correct)

What happens to an invoice in the open status if the amount due is less than the minimum chargeable amount?

  • It transitions to the paid status and debits the amount from the customer's credit balance (correct)
  • It becomes uncollectible
  • It remains in the open status
  • It is automatically voided

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

<p>Voided invoices are treated as zero-value for reporting purposes, while deleted invoices are not (B)</p> Signup and view all the answers

When can you void an invoice in Stripe Invoicing?

<p>Only when it's in the open status (B)</p> Signup and view all the answers

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