To help you stay organized, you can easily track and update the status of your estimates and invoices throughout their various stages.
| Status | Overview |
|---|
| Draft | The default status when you first create an estimate. |
| Sent | Use this status once the estimate has been shared with the client. |
| Accepted | Indicates that the client has approved the quote. |
| Declined | Use this for estimates that were not approved by the client. |
| Status | Overview |
|---|
| Draft | The default status when you first create an invoice. |
| Sent | Use this status once the invoice has been shared with the client. |
| Paid | This is automatically set when you record a payment against the invoice. |
| Overdue | Automatically updated if the invoice remains unpaid past its due date. |
| Canceled | Use this status for invoices that are no longer valid or were issued in error. |