Invoices move through different statuses from the time they’re created to when they’re paid. Stripe calls this the automatic collection workflow. Before you begin, create customers and products and prices to facilitate future transactions. You can use both the Dashboard and the API to set up and interact with Stripe Invoicing. Show Invoice lifecycleThe basic lifecycle for invoices looks like this:
In this lifecycle example, Stripe doesn’t notify the customer about the invoice. We automatically charge the customer shortly after we generate the invoice. However, if you enable customer emails, we send an email receipt. Invoice statusesInvoices can take on one of five statuses. These statuses allow you to draft and revise invoices before finalization, sending, and attempting payment. In the Dashboard, open invoices appear as pending when their associated payment intent is in the pending state.
Draft invoicesDraft invoices are still editable and remain unsent. At this point, you can finalize the invoice, or delete it. Open invoicesThe invoice has been finalized, and is awaiting customer payment. You can no longer edit the invoice. In this state, you can send the invoice. You can also mark the invoice as paid, void, or uncollectible. Invoices that have an amount due that’s
less than the minimum chargeable amount automatically transition from an Paid invoicesWhen a customer pays for an invoice through Stripe, the invoice moves into the To attempt a payment through the Dashboard, open the Invoice details page and click Charge customer. If a customer paid an invoice out of band (outside of Stripe), you can manually mark an open invoice as paid in the Dashboard. From the Invoice details page, click More and select Change invoice status. In the resulting dialog, select the Paid option. Voided invoicesVoiding an invoice is conceptually similar to deleting (canceling) it. However, voiding an invoice maintains a paper trail, which allows you to look up the invoice by number. Voided invoices are treated as zero-value for reporting purposes, and aren’t payable. 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 To void an invoice from the Dashboard:
Uncollectible invoicesSometimes your customers won’t be able to pay their outstanding bills. For example, assume that you supply 1,000 USD worth of services to your customer, but they’ve since declared bankruptcy, and (even after liquidating assets) won’t be able to pay the outstanding invoice balance. As a result, you decide to write off the invoice as unlikely to be paid. In this case, you can update the status of the invoice to be You can mark an open invoice as uncollectible either through the Invoice details page by clicking Change invoice status or with an API integration, as shown in the following example: Deleting draft invoicesYou can delete a draft invoice at any time. To delete a draft invoice:
See also
How do you pay on an invoice?The steps are as follows:. Receive the invoice from a supplier.. Submit the invoice internally for processing.. Enter the invoice data into accounting software.. Check and approve the invoice for payment.. Include the invoice in a payment run.. Do you have to pay an invoice right away?Until an invoice has been issued, there is no obligation to pay, but once you issue the invoice to the client, they are required to honor it, and it cannot be ignored. However, there are times when a client may forget to issue an invoice, and in such times, you may decide not to pay.
How do I pay an invoice online?Paying invoices online is usually a seamless process.. Open the email with the outstanding invoice.. Look for a button that directs you to “Review and Pay Invoice.”. Confirm that all the information is accurate.. Find the button or area on the page that directs you to pay.. What happens when an invoice is paid?Once a customer pays their bill, the company will provide them a receipt which is a proof of payment. An invoice comes before a payment has been, while a receipt comes after the payment has been made.
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