Invoices in Tradogram have a status that indicates their current stage in the payment workflow. Here is a list of the different status types and what they mean.

Invoice Statuses Explained

• Pending Review: This is the initial status for invoices that have been created via TradoScan AI. They remain in this status until a user reviews and confirms the extracted data.
• Pending Approval: Once an invoice is confirmed (or created manually), it is marked as Pending Approval if it is awaiting approval based on your company's approval rules.
• Approval Rejected: This status is given to an invoice that has been rejected by an approver. Rejected invoices can be edited and resubmitted for approval.
• Approved for Payment: An invoice's status is changed to Approved for Payment once all required approvers have provided their approval.
• Paid: This status indicates that the invoice has been paid. It can be marked as Paid manually by a user or automatically through an integration with an accounting system.

Void: Invoices can be manually marked as Void. This status indicates that the invoice is no longer valid, and it will not be included in your company's spend reporting.