Invoice lifecycle status
The lifecycle status tracks the electronic invoice from deposit through to payment.
Definition
The lifecycle status of an invoice is the information indicating where an electronic invoice stands in its processing, from issuance to settlement.
Each transition (receipt, acceptance, dispute, payment) is a status that the parties can exchange through their platform.
Example of statuses
An invoice typically moves through the following states:
- Deposited: the invoice has been issued and submitted.
- Received: it has reached the recipient.
- Accepted or refused: the recipient validates or rejects it.
- Disputed: a dispute is raised.
- Cashed in / paid: settlement is made.
Good to know
In the French reform, certain statuses are mandatory (deposited, rejected, refused, cashed in) while others remain recommended or optional.
Reporting statuses lets the administration know the real progress of transactions and helps businesses track collection between them.