Podcast
Questions and Answers
What is the status of an invoice that has been finalized and awaits customer payment?
What is the status of an invoice that has been finalized and awaits customer payment?
What can you do to an invoice to mark it as paid, void, or uncollectible?
What can you do to an invoice to mark it as paid, void, or uncollectible?
What is the status of an invoice that has been voided?
What is the status of an invoice that has been voided?
Study Notes
- An invoice's status can be one of draft, paid, voided, or uncollectible.
- Draft invoices are still editable, but remain unsent.
- Pending invoices are those that have an associated payment intent in the pending state.
- Open invoices are those that have been finalized and await customer payment.
- Paid invoices are those that have been paid by a customer.
- Voided invoices are those that have been voided.
- Uncollectible invoices are those that a customer is unlikely to be able to pay.
- You can mark an invoice as paid, void, or uncollectible.
- You can delete a draft invoice at any time.
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Description
Test your knowledge of invoice statuses and their functionalities with this quiz. Explore the different states of invoices and their implications for business transactions.
