Statement of account (New version)

What is the purpose of the statement of Account?

The statement will show all transaction records of the company's, top 10 debtors (Debtors) and creditors (Creditors). You can always send this Statement of Account to your customers to tally the debt between each other. Also, you can get the statement of account statement from your supplier and track back all the invoice details to ensure there is no duplicated invoice or error of amount. From the statement of account, you can view all the inflow and outflow of cash and stock with your customers and suppliers.

To use it, just follow these steps:

1.Click "Accounting" and choose the "View Report"

2. Click the "Statement of account" 

3.You can select the Date and the "Filter". 

4. You can click either "Creditor" or "Debtor" and Click the drop down list to choose the name.
- Shows aging by "Day" or "Month"
-If you want to shows see the unpaid invoice only then just click the checkbox "shows unpaid invoice only" then          "Apply"

5. The following figure is an example. All transactions between the debtor/creditor and the company during the     date will be displayed. The user can also click the Ref number to view the Invoice details. 

 Some tips for reading the report by day:

 Current:  Outstanding less than 1 day from the invoice creation date.

 30 Days:  Outstanding within 1-30 days from the invoice creation date.

 60 Days: Outstanding within 31-60 days from the invoice creation date.

 90 Days: Outstanding within 61-90 days from the invoice creation date.

 Above 90 Days: Outstanding Over 90 days from the invoice creation date.

 Reading the report by months:
 This month: following the month you select until when (Dec)
 1 Month: Jun
 2 Months: July
 3 Months: Aug
 4 Months: January