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.
Here you are going to learn about the steps to generate COA wise statement of account.Step 1: Login with Fresa Gold and select Accounts module. (Fig-1)
Fig.1Step 2: Select General-Accounts option in accounts module. (Fig-2)
Fig.2Step 3: Select General Ledger statement option. (Fig-3)
Fig.3Step 4: Select the required date range and select the required COA for which you need statement of accounts then click submit button. (Fig-4)
Fig.4Step 5: COA wise statement of accounts will be displayed on the screen. (Fig-5)
Fig.5Step 6: Select options and then click download to download the report. (Fig-6)
I hope you got an idea about How to generate COA wise statement of account.
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