Statement of account
In accounting, statement of account means one customer's open invoices, payments and credits, with the balance due, sent to prompt payment and to surface disputes before they age.
Also called Customer statement.
Not a rule. Commercial practice — not codified. US GAAP governs recognition, measurement and presentation, not bookkeeping mechanics. Sources
The lesson that teaches this
From the free founder back-office course, taught on one company's books, with exercises to work it yourself.
What it is not called
Each of these means something else. Use one here and an accountant reading the product notices.
- statement alone (a financial statement)
- invoice
Components that render this
These components name it in their spec, grouped and labeled exactly as the catalog shows them.
10Receivables (AR)
Family specComponents that render the terms it depends on
Few components name this concept outright, but it's built from terms they do name. These render statement, account.
- BankStatementOpening → lines with a running balance → closing, proven against the bank's own figure.
- LedgerTableDouble-entry with debit/credit columns and a balance check.
- PeriodGridThe ruled grid. Frozen panes, hidden columns, hover change, ⌘C.
- ReconciliationViewTwo-pane matcher. The match animation.
- TableColumnsSort and resize for a table that renders on the server.
- StatementOfChangesInEquityThe fourth statement. Equity components across, movements down.
- CashFlowStatementOperating / investing / financing.
- StatementNotesNumbered notes, referenced from the line they explain.
- StatementRowIndent level, subtotal, total, expand.
- StatementTableThe shared shell: hierarchy, periods, rules.
- StatementToolbarBasis, period, comparison, currency, consolidation.
- DrilldownSheetStatement line → the GL entries behind it.
- ReportHeaderEntity, statement, period, basis, currency, as-of. Every figure states its basis.
- BalanceSheetAssets / liabilities / equity, with the balance check.
- FluxAnalysisPeriod-over-period explanations.
- ReportingPackageA board or lender pack as one object: contents, basis, review state.
- TrialBalanceAll accounts with the debit=credit proof.
- ChartOfAccountsHierarchy, statement mapping, unsupported-account flags.
- AccountPickerShows the normal balance. Blocks non-postable accounts.
- AccountTieOutEvery BS account, proven against its evidence.
- AccountRegisterGL detail with a running balance.
- DimensionPickerEntity always required; renders what the account demands.
Also in Receivables
Defined in Lexicon. This page is generated from that document, so the two can't disagree.