What Is a Statement of Account?

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If you purchase goods or services from a vendor, you likely have a vested interest in your monthly transactions with those businesses. The same goes for any customers who buy goods or services from you as a business owner. To provide a detailed accounting of a customer’s or client’s monthly activities, many businesses offer a statement of account. Although some businesses still mail them, they can also be provided by email or a web portal. The document serves as a courtesy, helping your customers balance their own books.

TL;DR (Too Long; Didn't Read)

A statement of account is a document that shows a customer an accounting of every transaction within a specific billing cycle.

What Is a Statement of Account?

Formatting a Statement of Account

What Is a Bank Statement and Its Purpose?

Statement of Account Examples

Goals of a Bank Statement

What Is the Difference Between Invoicing and Billing?

How Long Is a Monthly Statement Cycle?

Handling Late Payments

Electronic Statements of Account

Statements of Account Security