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What is the status of an invoice on the day the payment is executed if Automatic Payments is set up and when will the status be set to “Paid”?

April 26, 2017automatic executed invoice paid payment PAYMENTS Status

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What is the status of an invoice on the day the payment is executed if Automatic Payments is set up and when will the status be set to “Paid”?

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The status of the invoice being paid will automatically be set to “Payment Pending” when the payment is executed. Once the payment has been accepted by UPS, the status will be set to “Paid” or “Closed”.