We may receive compensation from reviewed brands which may impact rankings and ratings. We don't cover all providers in the market. Prices and terms of featured products may change. Free offers may have additional terms.
Advertiser Disclosure

Discover and compare top brands on our website. We provide unbiased reviews to help you select the best products. While we do receive advertising fees from some brands, we also review non-affiliated brands. Our comparison table is influenced by factors such as advertising fees, conversion rates, reviewer opinions, and product popularity.

Important Notice: Our reviews, ratings, and scores serve as informative tools only and may not be entirely precise. Despite possible changes in offers, we strive to provide the most current information available.

Our website does not include every brand, provider, or offer available in the market. Please take the time to read and understand our 'Terms of Use' as it outlines the extent of our service, and to ensure that it meets your needs.

Use the Finder
We may receive compensation from reviewed brands which may impact rankings and ratings. We don't cover all providers in the market. Prices and terms of featured products may change. Free offers may have additional terms.
Advertiser Disclosure

Discover and compare top brands on our website. We provide unbiased reviews to help you select the best products. While we do receive advertising fees from some brands, we also review non-affiliated brands. Our comparison table is influenced by factors such as advertising fees, conversion rates, reviewer opinions, and product popularity.

Important Notice: Our reviews, ratings, and scores serve as informative tools only and may not be entirely precise. Despite possible changes in offers, we strive to provide the most current information available.

Our website does not include every brand, provider, or offer available in the market. Please take the time to read and understand our 'Terms of Use' as it outlines the extent of our service, and to ensure that it meets your needs.

Statement Invoice

A statement invoice, also known as a customer statement or account statement, is a document that summarizes the financial activities between a business and a customer over a specific period of time. Unlike a regular invoice, which details a single transaction, a statement invoice covers multiple invoices, payments, credits, and outstanding balances.

Key Features of a Statement Invoice

  • Summarizes multiple transactions between the business and the customer over a given period.

  • Shows outstanding balances and payments due.

  • Includes a list of unpaid invoices with dates and amounts.

  • Provides an easy overview of account activity for both the customer and business.

  • Commonly used for recurring customers or accounts with multiple transactions.

 

Statement Invoice

Differences Between a Statement Invoice and a Regular Invoice

Here’s how a statement invoice compares with a regular invoice:

  • Regular Invoice: Issued for a single transaction, providing details like product/services delivered, total amount due, payment terms, and due date.

  • Statement Invoice: Provides a summary of multiple unpaid invoices, payments received, and the current balance on the customer’s account.

Subheading: Example

Let’s say a customer places multiple orders throughout the month. A regular invoice would be sent for each order, but at the end of the month, the business sends a statement invoice showing the total outstanding balance from all unpaid invoices and any partial payments made.

Tables

Here is an example of a simple statement invoice format:

Invoice Date Invoice Number Amount Due Due Date
2024-10-01 INV-001 $500.00 2024-10-31
2024-10-05 INV-002 $300.00 2024-11-05

Pros of Using a Statement Invoice

  • Provides a clear overview of a customer’s outstanding balance over time.

  • Helps businesses manage long-term customer accounts effectively.

  • Simplifies the payment process for customers with multiple invoices.

  • Improves cash flow management by providing regular updates to customers.

Cons of Using a Statement Invoice

  • May confuse customers if not explained well, especially if they are used to receiving regular invoices.

  • Less detail about individual products or services compared to regular invoices.

Types of Invoices and How Statement Invoices Fit In

There are several types of invoices that businesses can issue. Here’s an overview of the most common ones:

  • Proforma Invoice: A preliminary bill issued before a product or service is provided.

  • Standard Invoice: A regular invoice for a single transaction, outlining the products or services provided.

  • Recurring Invoice: An invoice for ongoing services that are billed regularly (e.g., monthly subscription).

  • Statement Invoice: A summary of all transactions over a given period, particularly for long-term customers with multiple invoices.

Software for Creating Statement Invoices

Many invoicing platforms can create statement invoices. Here are a few examples:

  • QuickBooks: Provides templates for both regular and statement invoices, ideal for small businesses managing multiple clients.

QuickBooks
QuickBooks

 Best choice for small businesses

✔ Automated online banking system

Create estimates & Reports
 Get a 30-day free trial


 

  • FreshBooks: Known for its easy-to-use interface, FreshBooks offers features to send statement invoices for better customer management.

FreshBooks
FreshBooks

 Best choice for small and mid businesses

✔ Fast payment setup 

 Great customer service

 Get 30-day free trial (not required creadit card)


 

  • Xero: Xero allows users to create and send detailed customer statements, ideal for businesses handling numerous transactions with recurring clients.

Xero
Xero

 Simplifies bookkeeping, saves time and helps to grow your business.
 Mobile app gives you anytime access to financial information.
 Customer support team is dedicated to help you succeed.
 Free no-commitment 30-day free trial.


 

  • Zoho Books: Provides detailed reporting tools along with statement invoices to track client activity.

Zoho
Zoho

 Provides multiple payment gateways.
 Integrates with other Zoho apps to streamline workflow.
 Supports multiple languages and currencies.
 Offers a free plan for small businesses.

Users Reviews

Hear it from our satisfied customers.

  • Emma Williams
    Emma Williams

    Overall, I highly recommend Invoice software finder for any business looking to buy an invoice software.

  • Nitzan Mandowsky
    Nitzan Mandowsky

    Invoice Software Finder simplifies the search process with its AI-based search tool and wide range of options. Highly recommend it for finding the perfect invoicing software.

  • Dvir Nagar
    Dvir Nagar

    I recently discovered Invoice Software Finder, an online invoice software comparison site that has been a game changer for my business. It makes it easy to compare different software options based on factors such as features, pricing, user-friendliness, and customer support. The site is well-organized and offers free and paid options. Highly recommend it to any business looking for an efficient way to compare invoicing software options.

  • Daniel Ovadia
    Daniel Ovadia

    I was impressed with the invoice software finder website. It made it easy to find the perfect invoicing solution for my business. The user-friendly interface and AI-powered search tool made it a breeze to compare different options and find the one that met all my needs. The reviews and guides were also very helpful in making my decision. I highly recommend this website to any business looking for an efficient and accurate way to find the best invoicing software.

See More Reviews

Online Invoicing Software Experts

Online Invoicing Software Experts

Are you in search of the perfect online invoicing software for your business? You're in luck! Our expert team dives deep into the top solutions to find the best options just for you. Whether you're just starting out or are already running a large company, we look at everything important - like what features are available, how much it'll cost, how easy it is to use, and how good their customer support is. Our mission? To help you find the invoicing software that fits your unique needs like a glove, making your work faster and easier.

Find the best invoicing software

The Invoice software finder system will help you to find which invoicing software fits you best.

How much are you looking to spend? ( 5 Stars is the cheapest )

1 2 3 4 5

How much do you care about features?

1 2 3 4 5

How much do you care about help and support?

1 2 3 4 5

How much do you care about user friendliness?

1 2 3 4 5

Do you need to send receipts to customers?

Do you need Online payments?

Do you need an auto payment feature?

Do you need to track Refunds & Credits Issues?

Do you need credit card payments?

Do you care about Payment Reports?

Is email support important to you?

Is phone support is necessary?

Is online chat important to you?

Is invoice Customization important to you?

Do you need an invoice tracking feature?

Do you need an invoice preview feature?

Need a banking data sync option?

We found the best invoicing software for you!