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How can I use billing statements?

You can use a billing statement to provide a summary of charges for your customers. You can send these summaries to your customer to bill for charges accrued within a specific time period. You can also use a billing statement to summarize any unpaid charges as a reminder when charges are past due.

Some examples of businesses that use billing statements are:

  • Professional services, such as attorneys or consultants, who bill by the hour and provide a detailed summary to a client.

  • Health clubs that send a monthly statement showing a monthly membership fee and any additional charges, such as pro shop purchases, accrued within the month.

  • A business that sends an invoice to collect payment and then send a reminder statement when charges are past due.

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