Stripe Invoicing Basics

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