Accounts receivable invoice and credit memo statuses

Article • 4/27/2026 • 1 min read

StatusMeaning - InvoicesMeaning - Credit Memos
New, not con- firmedThe invoice is not yet ready to send to the cus- tomer.The credit memo is not yet ready to send to the customer.
UnpaidThe invoice is approved, for payment but the cus- tomer has paid none of the amount.The customer has applied no portion of the credit memo to purchases.
VoidThe unpaid invoice is voidThe unpaid credit memo is void.
Partially paidThe customer has paid some, but not all, of the invoice.The customer has applied some, but not all, of the credit memo to other pur- chases.
Paid in fullThe customer has paid the invoice in full.The customer has applied the entire credit memo to other purchases.