When you create statements:
For a balance forward statement type, the statement period dates are
automatically calculated based on the last statement creation for the company
file. You can change the ending date manually if necessary. When you Preview or
Print the statement, the Statement Date field is updated to the ending date
that you entered.
For statements with open transactions, the Statement Date field is automatically
calculated based on the previous statement date for this customer. You must
also decide whether to include past due transactions based on the number of
days you enter.
When you print statements, QuickBooks:
Enters the statement date in the Billed Date field of the customer register
for each item on the statement.
Calculates when the payment is due on the basis of the terms for that
customer, and fills in the Due Date field of the customer register with the
appropriate due date.
For both types of statements, QuickBooks updates the due date on statement
charges if the field is blank. This preserves aging information on statement
Set up payment
Balance forward versus
open transactions statements