MY Localization / Statement of Accounts
Statement of Accounts
Understand your payment collection status at a glance
What is Statement of Accounts
The statement of accounts is a document that shows an overview of all the transactions between the buyer and the seller. It provides full visibility and traceability for the finance teams on the company's overall financial transactions.
Understanding the Malaysian market, Onnet has specifically localized this feature to fit the needs of all Malaysian SMEs.
Having this feature, your finance team can now clearly view important information such as unpaid transactions, aging days, reconciled/unreconciled entries, and total balance effortlessly.
Simplify reconciliation processes
Serve as a reminder for customers when collecting payments
Payment statuses easily understandable by customers
Prevent customers disputes during reconciliation
Option to generate statement of accounts in PDF/Excel format
Generate multiple customer statement of accounts in one go
Clearly listed net remaining balance of all transactions
Flexible filtering (start & end date, currency, aging, etc.) on statements to be produced
Auto calculated aging days based on invoice date/invoice due date