You generate statements for customers to inform them of their account details and provide an optional method for payment. When you generate statements, the system gathers open invoice records and related transactions from the Customer Ledger (F03B11), Receipt Detail (F03B14), and Invoice Revisions (F03B112) tables and creates a statement record in the A/R Notification History (F03B20) and A/R Notification History - Detail (F03B21) tables.

After generating statements, you can review and print them. You can also reset a statement and reprint it for a customer to reflect last-minute account activity.