What is the Statement of Accounts?
A statement of account is a detailed report of the contents of an account. An example is a statement sent to a customer, showing billings to and payments from the customer during a specific period, resulting in an ending balance. The purpose of the statement is to remind a customer of sales on credit that have not yet been paid to the seller. The statement is usually a printed document, but may also be sent electronically.
The utility of the statement of account is questionable since it requires some accounting staff time to create, as well as postage costs, and maybe ignored by recipients. It is also generally issued immediately after month-end when it interferes with the monthly closing process. It is most cost-effective in those situations where there is a history of achieving collections that are directly attributable to the issuance of statements of account.
1. Login with Fresa Gold, Navigate to Accounts—>General – Accounts—> General ledger statement and select the required details, date range, account and click the submit button (Fig-1).
2. Second, click the options button then click the select columns button (Fig-2).
3. You can select the required columns in the Display in the report and select the apply button (Fig-3).
4. Now it will reflect the selected columns in Statement Of Accounts (Fig-4).
I hope you got an idea about customizing columns in Statement Of Accounts.
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