Invoice

Invoices are created when a subscription starts and are kept up to date with the subscription state.

#Lifecycle

Invoices have a lifecycle that is tied to the subscription lifecycle:

• Gathering: Gathering the items to be invoiced.
• Draft: The invoice is created and in draft state.
• Issued: The invoice is issued to the customer.
• Deleted: The invoice has been deleted and is no longer available.

#Stripe Invoicing

OpenMeter supports Stripe for tax calculation, invoicing, and payment collection. When an invoice is issued, it is created in Stripe and sent to the customer.

To use Stripe invoicing, you need to connect your Stripe account to OpenMeter by installing the Stripe app.

#Progressive Billing

If progressive billing is set, OpenMeter tracks the usage and creates invoices when the amount reaches a predefined threshold event if the billing cycle is over. Progressive billing helps minimize non-payment risk and provides a better cash flow.