statement of account


Also found in: Legal, Acronyms.

statement of account

a periodic statement sent to a customer by a supplier that sets out both the money value of products supplied to the customer over a monthly or other period, and any amounts still owed by the customer for these products. A statement of account is sent by a supplier some time after an INVOICE has been sent. Compare DELIVERY NOTE.

statement of account

a periodic statement sent to a customer by a supplier that sets out both the money value of products supplied to the customer over a monthly or other period and any amounts still owed by the customer for these products. A statement of account is sent by a supplier some time after an INVOICE has been sent. Compare DELIVERY NOTE.