What is the purpose of statements?
If the customer has not paid you in full within the period defined for their payment terms, you may want to send the customer a statement of their account showing all open invoices. You may elect to access a finance charge for unpaid invoices during this process. If you access a finance charge to the customer, then a special invoice is created called a finance charge. If you later elect to drop the charges, delete the finance charge invoice.
Related Questions
- I heard that admissions officers and faculty don’t read personal statements/statements of purpose and/or essays. Is that true?
- What is the purpose of the accomplishment statements in Factor 4 of the case writeup, and how do I document them?
- Why are things like vision, mission, purpose and value statements important?
