Invoice Status Quiz

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3 Questions

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

Draft

What is the status of an invoice when it is editable but unsent?

Draft

When can an invoice be marked as paid, void, or uncollectible?

When it is open

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.

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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