Account Statements are an invoice style representation of Financial data as related to a particular Account. You can specify is a period of time for which you wants to generated them and the Account Statement will generate in a PDF format that you can either Print or save to your computer - to utilize later or add as an attachment to an email.
In particular, Account Statements give you a way to generalize/summarize an Account's financial details; for one or multiple matters; and list details specific to the Account, it's associated Matters, Billings and Payments.
You can choose to either formulate the appearance of the account specific Account Statement the same of different from the way you configure your matter specific Invoice.
Account Statement
A record associated with an Account OR an Account and a Matter that a user creates. He will select a date range. From that selected date range all invoice detail records (originating from billing records) for invoices that fall in that date range (NOT the entry dates of the invoice detail records, all payments and all retainer entries are compiled and output to a PDF. The PDF is based on the format specified in the Account Statement Configuration.
Account Statement Configuration
A layout generator to display fees, expenses (from invoice detail records), retainer (fund account) entries, payment entries and other summary total financial information for output of Account Statement PDFs.