![]() A statement of accounts contains the following: ![]() Despite the similarities between the two documents, they serve different purposes.Ī statement of accounts shows a summary of all transactions for a given period, and can include multiple transactions or invoices. A statement of account is a summary of what the customer owes. It is important to note that a statement of account is not an invoice. When the document specifies only overdue amounts, its often called an aging report. In this article, we will outline what goes into a statement of account letter, when you should send it, and how to format it correctly, as well as a helpful template for you to use.Ī statement of account, also referred to as a customer statement, is a document that summarises the goods or services a customer has received and their associated charges.Ī statement of account usually includes the customer's name and account number, a list of transactions with dates, a reference to the original invoices or purchase orders, and the current balance. This document can also be referred to as a statement of account email, statement of account letter, or customer statement. A statement of account is a billing document sent to customers to provide an itemized list of the services or products they have received, as well as the associated charges. ![]()
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