Questions and Answers
Study Notes
Basics of Stripe Invoicing
- Invoices in Stripe go through a series of statuses in the automatic collection workflow
- Both the Stripe Dashboard and API can be used to manage and interact with Stripe Invoicing
- The basic lifecycle of an invoice includes different stages such as finalization and automatic payment failure
- Stripe can be configured to send customer emails at specific stages of the invoice lifecycle
- Invoices can have five different statuses, which determine the available actions
- Draft invoices can have their details updated and can be deleted, unless associated with a subscription
- Draft invoices are finalized by changing their status to open for payment
- Open invoices are finalized and awaiting payment from the customer
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