Stripe Invoicing 101

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Questions and Answers

What is the status of an invoice that has been paid by the customer?

  • Open
  • Uncollectible
  • Paid (correct)
  • Draft

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

  • Voiding an invoice maintains a paper trail, while deleting an invoice erases all records of it (correct)
  • Voiding an invoice and deleting an invoice are the same thing
  • Voiding an invoice is irreversible, while deleting an invoice can be undone
  • Voiding an invoice allows for future reference, while deleting an invoice removes all traces of it

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

  • To immediately generate invoices
  • To facilitate future transactions (correct)
  • To automatically notify customers about invoices
  • To track the status of invoices

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