Invoice Status Quiz
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Questions and Answers

What is the status of an invoice after it has been voided?

  • Open
  • Draft (correct)
  • Paid
  • Uncollectible
  • What is the status of an invoice when it is editable but unsent?

  • Open
  • Draft (correct)
  • Paid
  • Uncollectible
  • When can an invoice be marked as paid, void, or uncollectible?

  • When it is open (correct)
  • When it is draft
  • When it is pending
  • When it is uncollectible
  • Study Notes

    • An invoice goes through five statuses: draft, open, paid, voided, and uncollectible.
    • Draft invoices are still editable, but remain unsent.
    • Pending invoices are automatically charged when their associated payment intent is in the pending state.
    • You can mark an invoice as paid, void, or uncollectible.
    • After you void an invoice, the Hosted Invoice Page is still accessible, and displays a message indicating that the invoice has been voided.
    • You can only void invoices when they’re open or uncollectible.
    • Uncollectible invoices are treated as unlikely to be paid and are written off.

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    Description

    Test your knowledge of invoice statuses and their implications. Learn about the different stages an invoice can go through and the actions that can be taken at each stage.

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