The Invoice Status Tracking section provides comprehensive visibility into the current state of every invoice throughout its lifecycle, from draft creation through final payment and closure. Effective status tracking is essential for cash flow management, collection prioritisation, and understanding where bottlenecks or delays occur in your billing and payment processes.
Exacc assigns clear status labels to every invoice including Draft, Sent, Awaiting Payment, Partially Paid, Paid, Overdue, and Void, with each status represented by distinctive badges and colour coding for quick visual identification. The system automatically updates invoice statuses as events occur such as sending emails, recording payments, or passing due dates, ensuring real-time accuracy without manual status management.
Advanced filtering allows you to view invoices by specific statuses, create custom views combining multiple criteria, and generate status reports showing the distribution of invoices across different states. The system maintains complete activity timelines for each invoice documenting all status changes, payment events, email deliveries, and customer interactions, providing full transparency and audit trails for financial records and customer communications.
Want to learn the exact steps to effectively track and monitor invoice statuses? Follow our guide below for a detailed walkthrough of the invoice status tracking process.
Monitor invoice statuses throughout their lifecycle for effective cash flow management
You now have complete visibility into invoice statuses - you can filter, monitor, and report on invoice states to manage cash flow, prioritise collections, and maintain accurate financial oversight across all customer billing.