Account Statements are complete reports that a business can give to a customer. They highlight all the products a company provides to the account holders, or their clients, during the statement period, which is generally the current month. 

This specific period is generally one month, but several account statements can refer to payment, credit, fees, or money transactions regarding different periods of time. It can be bi-monthly,  quarterly, or even yearly. 

Businesses can send statements referring to several accounts. You can receive a statement from a store you visit constantly, but the most common is, for sure, the bank statement, which, as the name goes, is provided by banks.

Keeping track of your transactions in a bank or store is important to keep your financial life in order and to ensure you approve any specified transaction. Wrong or out-of-date payments are more common than customers think. But, apart from that, note that such invoice reports help you avoid fraud and financial scams.

Red Flag and Scams

Scammers and digital thieves can invade several accounts. Your customers will like to receive these statements because such a report of your funds and your monthly transaction story describes any possible issue related to scammers. 

If you don’t recognize the invoices or purchases listed, you have an important signal that your account is compromised. Accounts can be stolen through credit or debit cards or identity thievery, so keep constantly checking the services provided by a company to your account.

Besides its reason for existing and the importance of using them correctly, let’s see exactly what goes into statement accounts. You can get a template for statement accounts to send to a customer, but there is a particular pattern of information it will always highlight. This important data is

• Vendors' information, such as name, address, email, phone number, and anything else a customer may need to locate or communicate directly with him
• Customer Information, such as name, address, identity numbers, if necessary, email, and phone number
• Statement dates, coverage period, beginning and end date, and each date
• Statement Number and other identification data
• Customer or Account ID
• Previous account balance, showing credit or values still to pay
• Each transaction outlined, no matter if it refers to credit, fees, money payment, purchase, currency exchange, or anything else that may refer to the financial move
• Payment Slip (optional)

Besides, many companies can have different invoices for the same account or customer. Invoices have other due dates. This is why vendors can also add a section indicating time buckets and how long customers still have to honor each payment.

You will find a lot of software you can use to create your statement accounts, but the best software you can have at hand is Microsoft Office, so you can use programs such as Excel to create your account statements.

The best place to get your Office keys is RoyalCDkeys. That is because our prices are not equal in the market, and you will have the complete Microsoft Office experience by paying practically nothing. 

Besides that, we ensure users a risk-free space where they can buy not only Office keys but some of the best games and other productivity-related software, such as operating systems and antiviruses. Check a comparison with Microsoft Store

• Microsoft Office Home and Student - $149,99
• Microsoft Office Home and Business - $249,99 
• Microsoft Office Professional Plus - 439,99

But, if you go for RoyalCDKeys, you will find keys such as these, with far better prices!

• Microsoft Office 2019 Professional Plus Key Retail Global
• Microsoft Office 2021 Professional Plus Key Retail Global

After presenting you with the best platform to create your statement templates, we bring you some pre-made templates you can freely download to make your life easier. 

Account Statement Template 1

Account Statements are essential for financial life control and customers’ safety. Developing the excellent habit of tracking them will ensure you don’t expend more than you should and that scammers never steal from you.

Companies that provide such statements for their clients will see the satisfaction difference and how it may turn into customer fidelity. 

Now you have everything you need – the software, templates, and several tips to start creating account statements.

For more articles about productivity-related software and business routine, check RoyalCDKeys! Besides keys for some incredible products, we offer you the best content to help you think out of the box and develop your business more and more.