There are 4 main statuses for invoices:
- Draft - These are invoices that have been drafted but not yet sent to your client
- Unpaid - Not Overdue - These are invoices that have not yet been paid, but have not reached their due date yet
- Overdue - These are invoices that have not yet been paid and passed their due date
- Paid - These are invoices your client has paid
When you send an invoice, the status will automatically update from Draft to Unpaid. Unpaid invoices will also automatically update to Overdue once they pass their due date and have not yet been paid.
If you are collecting the payment for the invoice via credit card with Hurdlr’s payment collection feature, the status will automatically be updated to paid once your client completes the payment. Additionally, your General Ledger will be updated to reflect the processing fee for the credit card payment.
If you’re collecting the payment for the invoice outside of Hurdlr’s payment collection feature, you’ll want to go in and update the invoice once it’s been paid. Just click on the invoice, then add the cash payment details or link to the bank transaction for the deposit. Once the payment and/or deposit amount matches the invoice total, it will update the status to paid.