Invoices move through different states during its life cycle after an accounts payable specialist processes the invoice.

State	Description
Draft	The invoice has been created but not yet finalized or sent to the customer.
Received	The invoice has been delivered to the customer and is awaiting action.
Accepted	The customer has reviewed and accepted the invoice.
Rejected	The customer has disputed or declined the invoice.
Pending payment	The invoice has been accepted and is awaiting payment from the customer.
Canceled	The invoice has been voided and is no longer valid.
Paid	The customer has submitted payment in full for the invoice.
Partially paid	The customer has submitted partial payment, and a balance remains outstanding.