Late payments can slow down your business and make it difficult to manage cash flow. One of the easiest ways to encourage customers to pay on time is by sending regular customer statements, also known as statements of account.
Brisk Accounts makes it simple to create invoices, track payments and generate customer statements that show outstanding balances and recent account activity - all from one place.
What is a Customer Statement?
A customer statement, or statement of account, is a summary of a customer's account over a selected period. It typically includes:
- Outstanding invoices
- Payments received
- Credit notes
- Current account balance
Sending customer statements helps customers understand what they owe and reminds them about unpaid invoices before they become overdue.
Why automate customer statements?
Regular customer statements can help you:
- Get paid faster.
- Reduce overdue invoices.
- Improve cash flow.
- Keep customers informed about their account balances.
- Spend less time following up on unpaid invoices.
For many small businesses, customer statements are one of the simplest ways to improve accounts receivable without changing the invoicing process.
How to generate customer statements in Brisk Accounts
Go to Accounts > Customers List and create a customer record with their contact information and email address.
Navigate to Sales > New Invoice.
Add your customer, products or services, payment terms, and create the invoice. You can email it directly from Brisk Accounts.
When payment is received:
- Go to Banking > Receive Money.
- Select Receive Customer Payment on Invoice (Accounts Receivable).
- Record the payment.
Keeping payments up to date ensures customer statements always show accurate balances.
Open Accounts > Customers List.
Locate your customer and click the Action menu.
From there you can:
- View the customer statement as a PDF.
- Download the statement.
- Print the statement.
The statement provides a clear summary of invoices, payments, and outstanding balances, making it easy for customers to review their account.
Simplify accounts receivable with Brisk Accounts
Brisk Accounts gives small businesses an easy way to manage customers, create invoices, record payments, and generate professional customer statements.
By keeping your customer accounts up to date and sending regular statements of account, you can reduce overdue invoices, improve cash flow, and spend less time chasing payments.
Sign up free and try it now: https://www.briskaccounts.com
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