Process Statement Of Accounts

Process Statement Of Accounts sends customer or supplier statements by email on a schedule you choose, for example to every customer with a balance on the first of each month. Each statement is the General Ledger for that party over the period, with the opening balance, every invoice and payment, and the closing amount due, optionally with the ageing table. It posts nothing; it reads the ledger and emails a PDF. Regular statements are the cheapest collection tool a small business has, because a customer who sees Rs 36,160 outstanding pays sooner than one who hears nothing. Statements also give customers a chance to dispute a wrong invoice before the VAT return locks it.

1. 01Go to Invoicing > Process Statement Of Accounts > New.
2. 02Pick the company, Report General Ledger, and add the customers or choose a customer group.
3. 03Set the period, for example last month, and tick Include Ageing if wanted.
4. 04Tick Enable Auto Email, set the frequency and the email template.
5. 05Save, then click Send Emails for the first run.
6. 06Check the Email Queue to confirm each statement went out.

Create under Accounts > Process Statement Of Accounts with the parties and frequency.

Send Jivan Dahal a monthly statement.