Series

We have several posts here at Begin Coding Now that are on QuickBooks Online that are grouped into Series. Click the previous link to see the list.

A customer statement is a document that we periodically give to customers who owe us money. They have accounts with us. We do this we because need to make sure that we agree with the customer regarding what the balance is on exactly the same date that they indicate the same balance.

There is more than one kind of customer statement. There are three types of statements you can send to your customers.

1. Transaction Statement – list of all transactions between the dates given
2. Open Item Statement – a list of every invoice that’s still open and unpaid as of the invoice date.
3. Balance Forward Statement – is a list of every customer transaction you had during the statement’s period of time in date order and it shows a running balance.

How do we generate a transaction statement? At the top left click + New. In the Other column on the right click Statement. Select Transaction Statement from the drop down. Change the dates in the Start Date and End Date. Click the Apply button. Check the check box for the customer you want to see.

Fort the Open Item Statement, we select Open Item from the drop down at the top.