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Some company practises sending statement of accounts to their customer on a monthly basis (just like your bank statement of accounts), showing the transactional activities and the ending balances of each month and the aging analysis.
If customer is on credit term, it is good business practice to send monthly statement of accounts to them to verify the balances owed thus allowing any discrepancies to be verified, which otherwise may gone unnoticed, resulting in fraudulent activities (cash collection not submitted)
At [Reports], click [Customers' Ledger]
Follow the steps below from 1 to 6 to print the Statement of Accounts.
Printing Date : Your computer date