# Statement of account

> Statement of account — One customer's open invoices, payments and credits, with the balance due, sent to prompt payment and to surface disputes before they age.

Source: https://lopifi.com/glossary/statement-of-account
Part of: Lopifi — US GAAP books on autopilot, checked by a CPA (https://lopifi.com)

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**What is 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 known as

- Customer statement

## Words this system refuses for it

- statement alone (a financial statement)
- invoice

- **Category:** Receivables
- **Specified in:** [Lexicon](https://lopifi.com/md/docs/domain/11-lexicon)
- **Rendered by:** [customer-statement](https://lopifi.com/md/components/customer-statement)
- **Related:** statement, account