# State diagram

The following diagram shows how a billing invoice transitions from one state to the next in the Marketplace Platform:

<div align="center"><figure><img src="/files/OF74ywGRWemIWFmfIBlZ" alt="" width="563"><figcaption><p>The state transition diagram of an invoice.</p></figcaption></figure></div>

<table data-full-width="false"><thead><tr><th width="152">State</th><th>Definition</th></tr></thead><tbody><tr><td><strong>Issued</strong></td><td>The invoice has been issued, but it hasn't been settled yet.</td></tr><tr><td><strong>Paid</strong></td><td>The invoice has been paid in full. No further action is required.</td></tr><tr><td><strong>Overdue</strong></td><td>The invoice is past due.</td></tr></tbody></table>


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