Statement of Account

Reconcile what is owed with a dated transaction list, running balance, and optional remittance block — import rows from the payment tracker when you want a head start.

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Intermediate
📖 Understand this document

A statement of account summarizes all transactions between you and a client over a period. It shows invoices sent, payments received, credits issued, and the current balance owed.

Key components

  • Statement period — the date range covered.
  • Opening balance — what was owed at the start of the period.
  • Transaction list — chronological record of invoices, payments, and credits.
  • Closing balance — the net amount currently owed.
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Your business

Client

Statement

STATEMENT OF ACCOUNT

Your company

Bill to

Client Name

Statement #SOA-001
DateMay 26, 2026
PeriodMay 26, 2026May 26, 2026
DateRefDescriptionDebitCreditBalance
Opening balance$0.00

Closing Balance

$0.00

Aging snapshot (illustrative)

Current: $0.00

31–60: $0.00

61–90: $0.00

90+: $0.00

Works well with

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Frequently asked questions

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Statements answer “where did this balance come from?” without resending every historical invoice. A tight table of references, debits, credits, and a running total keeps finance teams aligned.

Pair statements with the payment tracker for receivables hygiene and the invoice generator when new billable work closes.

Further reading