What should a statement of account include?

A statement of account should include the customer and business details, statement period, opening balance, dated charges, invoice references, payments, credits, fees, closing balance, and payment instructions.

Is a statement of account the same as an invoice?

No. An invoice requests payment for a specific transaction, while a statement of account summarizes multiple charges, invoices, payments, credits, and the balance over a period.

Free Statement of Account Template and Billing Statement Example

Summarize opening balance, charges, invoices, payments, credits and closing balance with a professional account statement.

Statement of Account Example

A statement of account gives a customer one period-based view of the opening balance, dated invoices or charges, payments, credits, adjustments, and closing balance. Include invoice references and payment instructions so every line can be reconciled quickly.

Opening balance

$1,200

New charges

$850

Payments and credits

-$700

Closing balance

$1,350

Billing statement meaning Invoice aging report Balance due meaning