How to Create a Statement in QuickBooks - PowerPoint PPT Presentation

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How to Create a Statement in QuickBooks


In this article, you will learn about the importance of creating customer statements online and step by step process to set up statements in QuickBooks online. – PowerPoint PPT presentation

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Title: How to Create a Statement in QuickBooks

How to Create a Statement in QuickBooks
  • Today, in this article we will talk about the
    methods to Set Up Statements in QuickBooks
    Online. The assertion is a sort of report that
    you ship off your customers. It contains every
    one of the exchanges made by the customer during
    a timeframe. Peruse the total article to know the
    importance, process of setting up, and
    customizing the assertion. Go through the article
    and get every one of your questions settled, here
    in this gave easy steps to set up statements in
    QB. For more info contact our QuickBooks.

Importance of Setting up Statements
  • The assertion gives you the complete data
    regarding the billing of customers and the
    payment received from the customer throughout a
    certain period of time commonly one month.
  • A statement generally involves two types of
  • Credit memos, Invoices and sales receipts that
    you have made.
  • Payment made by the customer.
  • There is no compelling reason to send an
    assertion to the customer in the event that you
    like to send them an invoice.
  • Besides, You are encouraged to send an assertion
    over the invoice to the customer. As it gives
    more itemized information to the customer who you
    are billing month to month, Quarterly or

Set Up The Company Information In QuickBooks
  • Instructions to set up the fundamental company
    information. The information includes company
    name, logo, address, email, site and lawful
    element information. This information will be
    utilized on the reports, customer invoices, and
    tax returns.

Why It Is Important To Set Up Company Information?
  • This is a vital thing to complete company
    information since what you give in this section
    will be influenced the contact information that
    shows up on the invoices, sales receipts, and
    gauges that you ship off your customers. If you
    don't complete Company set up, by then you are
    likely going to encounter issues.
  • For instance, on the off chance that you send
    invoices to customers who you hope to mail you a
    check yet you didn't set up your contact
    information in Company Settings, at that point
    your invoice won't include your mailing address
    and your customers won't realize where to mail
    payments to. There will be most likely postpone
    payment and result in an income issue for you.

Now, we will let you know the steps to set up the
  • There is three choice to pick when setting up a
    proclamation. It relies upon what amount definite
    information you need to give to your customer.
  • Sign in to QuickBooks account then go to the Gear
    IcongtAccount and SettinggtCompany settings.
  • On the left side of the menu Choose the Sales
  • Scroll down to select the statement option then
    you will get the three options.
  • The first option is to List each transaction as a
    single line.
  • The second option is to List each transaction
    including all details line.
  • The third one is Show ageing table at the bottom
    of the statement. This option provides a list of
    charges billed this categorized by how long they
    have been outstanding. Checkmark the box to
    enable this option.
  • Once you have made the changes then click on the
    save option.

Creating a statement from customers page
  • Click on the customer in the navigation bar
    (alternatively, Click invoicing gt Customers, or
    Sales gt Customers, it depends on what you are
  • Find the customer from the rows for which to
    create a statement.
  • Click on the arrow near to the ACTION column and
    select Create Statement.
  • Once the Statement page is visible. Click on the
    Statement drop-down menu, and select the
    statement type you want to create. There are
    three types of statements from which you can
  • Balance Forward This statement contains the list
    of invoices and payments with balance for the
    selected date range.
  • Open item This statement contains a list of open
    and unpaid invoices for the last 365 days.
  • Transaction Statement In this statement, you can
    see the transactions for the selected time
  • After filling the date fields, click on the
  • Finally, select the Save, Save and Close, Save
    and Send, and Print or Preview.

Customize your statement
  • Whenever you have created the customer
    articulation then you can customize the assertion
    later. Adhere to the instructions underneath to
    alter the statements.
  • First, open QuickBooks and then go to the
    Preferences option.
  • Then, go to the Settings option and then select
    the Company Settings option.
  • Here, open the Sales tab and then scroll down to
    the bottom until you see the Customer Statements
  • After that, click on the Edit.
  • Select any one of the following
  • List each transaction as a single line.
  • List each transaction including all details
  • Then checkmark the box stating show ageing table
    at the bottom of the statement.
  • Select Save.

Wrap Up
  • You presently realize how to set your assertion
    choices in QuickBooks Online. The following
    tutorial in our QuickBooks Online Training Course
    is How to Set Up Expenses in QuickBooks Online.
    That tutorial will cover your accessible
    alternatives for tracking and billing costs to
    customers and the degree of cost detail to give
    on cost and buy structures.
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