Clarification of the difference between pending invoices and overdue invoices in the tracking dashboard
Pending invoices:
These are invoices that have not been paid yet, regardless of the due date. In other words, whether the payment deadline has passed or not yet, as long as they haven’t been paid, they are classified as pending.
Overdue invoices:
These are invoices whose due date has passed and have not been paid. In other words, these invoices are considered part of the pending invoices, but the difference is that they have exceeded the specified payment deadline.
Additional note:
- Every overdue invoice is pending, because it has not been paid.
- But not every pending invoice is overdue, because it may be pending and its due date has not yet arrived.
Simple example:
- If you have an invoice due today that has not been paid, it is pending but not overdue.
- If you have an invoice that was due a week ago and has not been paid, it is pending and overdue.
Here is an explanation of the tracking dashboard as part of a complete training course: here
