Customers Statement of Accounts
Customers Statement of Accounts

- Calculate account balances and outstanding amounts
- Customer reminder for required balance settlement
- Circumvent disputes with clients
It is also useful to show at the bottom of the document the total amounts due for payment, overdue and not yet due, along with your credit terms.



- Calculate account balances and outstanding amounts
- Customer reminder for required balance settlement
- Circumvent disputes with clients

It is also useful to show at the bottom of the document the total amounts due for payment, overdue and not yet due, along with your credit terms.
Many businesses may never send a copy to their customers, even if they are used internally to check relevant information of customer activity. On the other hand, some businesses issue it regularly; this is very common among businesses with customers who usually use credit for their purchases. In some instances, a digital document is required to be sent to a customer as a helpful message to remind them of unpaid and overdue payment. However, it may still be used as a method to monitor a customer’s balance records from sales to products purchased.
What does the statement include?
Each transaction made within the specific calendar date, including sales (paid upfront or on credit), payments, and refunds. The date and value of each transaction should be listed accordingly.
Reference numbers to support each invoice. The numbers from invoices, credit notes, or payment receipts might be included.
A specified currency. This is major if you have customers abroad. Even if you have transactions in different currencies, a statement should appear in one currency type.
How to Create Customers' Statement of Account

About InTune Outsourcing Services
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InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.
About InTune Outsourcing Services
Quick Link
InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.
About InTune Outsourcing Services
InTune Outsourcing was founded in 2007 as an outsourcing and business consultancy firm geared to the needs of small and medium sized enterprises.