Stripe Invoicing 101
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Questions and Answers

What is the automatic collection workflow in Stripe Invoicing?

  • The process of charging customers shortly after invoice generation (correct)
  • The process of voiding unpaid invoices
  • The process of notifying customers about invoices
  • The process of creating and finalizing invoices
  • What is the difference between draft and open invoices?

  • Draft invoices are paid, while open invoices are uncollectible
  • Draft invoices are editable and unsent, while open invoices are finalized and awaiting customer payment (correct)
  • Draft invoices are finalized and awaiting customer payment, while open invoices are editable and unsent
  • Draft invoices are voided, while open invoices are paid
  • What happens to invoices that have an amount due less than the minimum chargeable amount?

  • They remain in draft status and cannot be sent to the customer
  • They are marked as uncollectible and written off as bad debt
  • They are voided and treated as zero-value for reporting purposes
  • They automatically transition from open to paid status and debit the amount from the customer’s credit balance (correct)
  • What is the difference between voiding an invoice and deleting an invoice?

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

    When can you void an invoice in Stripe Invoicing?

    <p>When the invoice is open or uncollectible</p> Signup and view all the answers

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