This document incorporates vital information related to the financial details for a company’s or an individual’s accounts. It also includes all of the details stating the information of any kind of transactions or exchanges occurred between the customers and the company. A statement of accounts template is a detailed report of the contents of an account which generally includes the following information such as the beginning, total of unpaid invoices; the invoice number, invoice date, and total amount of each invoice issued to the customer during the time period. Normally, it is an archive issued by a supplier to its client posting exchanges over a given period of time, ordinarily month to month. It will incorporate points of interest on invoices, installments received, and any credits affirmed with a resultant balance payable by the client. In short, a statement of accounts template is a synopsis of all business made to a client during the month. Importance of Statement of Accounts These statements are usually dispatched to only those customers with whom the supplier has agreed upon the terms and conditions of the agreement. They are generally sent to clients who need to pay their record in the months taking place