Here are some other uses of this statement: If the payments of your customers are automatically generated periodically, it will be much easier to see all of the sent invoices and received payments in one for each customer. Usually, this statement is an addition to the individual invoices that you send to your customers for each purchase they make. The statement becomes especially convenient when you have regular customers for whom you will create invoices for on a regular basis. Moreover, the same document can help you verify the payments that your customers have already remitted for a certain statement period. One superb way to provide your clients with a summary of the products or services that you’re going to bill them is through a statement of account template.

You can base your financial decisions for the future on this document and because of this, it is very important to write this statement using a standardized format. This statement is usually created by financial executives or accountants of companies. To avail of these benefits, you must disclose your financial situation using this document. When you take a loan from a bank or another lending institution, you qualify to acquire income tax benefits.

You must produce this document when filing your taxes or for claiming insured money. You also need this when you avail of government benefits or doles.Īs a business owner, you, your store manager or your shopkeeper can create this statement for various purposes. When claiming refunds or filing your taxes you as a business owner must write your own statement. This template contains all of the details needed to understand your business’ cash flow.Ĭompany directors issue this type of statement to shareholders so that they can remain informed on dividends. The rest of the pages include contents in both tabled and paragraphed formats depending on the information you want to include.

This template starts with an official cover page then an index page. Store managers, business owners, and other service providers use this template to make bill statements for their clients. It usually comes with a set of instructions so clients can understand what’s written on the document. Use this template to create a proper account statement.īank managers use this to make a perfect template for their clients. Therefore, it becomes important that you find the right type of template to suit your needs: There are different ways for you to write statements and this depends on your situation. When you use a statement template, you should follow the proper structures and guidelines written on it.

Free bank statement creator