No, it is not an invoice. The statement of account acts as a report issued by a vendor that captures the financial transaction history between two businesses within a specific dat… See more

It is a tool for vendors to remind customers that their accounts are not yet fully paid. It is also important for the client because it allows them to track their spending, check for double … See more

There are many different statements of account templates, but typically an account statement shows the vendor and client business information, date of issue, statement … See more

There are three main types of account statements that, when put together, can give a solid picture of the overall health of a business. These snapshots of incoming and outgoi… See more