Explain closed invoice?

Hi ernesto-correa-m,

Knowing the terms that show up when using QuickBooks Online is a great way to keep on track of everything that's going on in your accounts. I'd be happy to explain what a closed invoice is in QuickBooks.

When you see an invoice showing up as closed this means that a full payment has been made on it and there is nothing left to associate to that invoice. Closed is different than having an invoice come up as paid as the paid option means that a partial payment has been made but there is still funds due.

If you have any questions let us know and we'd be happy to help.