Balances Owner Statement: Default Issue Date Setting

  • Updated

The Separate Balances Owner Statement uses Issue Date reporting by default. This means income invoices appear on the statement as soon as you create them.

You can request to switch to Due Date reporting instead, where invoices only appear when they're due (though paid invoices will still display before the due date).

How each method works

MethodWhen invoices appear
Issue Date (default)Immediately when created
Due DateOn or after the due date, or earlier if paid

Example

You create an invoice on 1 March with a due date of 15 March:

  • Issue Date reporting: Invoice appears on the March statement immediately
  • Due Date reporting: Invoice appears on or after 15 March, unless it's paid earlier

How to switch to Due Date reporting

Contact our support team and request the change. We'll configure it for your account.

What happens to existing invoices

When you switch methods, historical invoices keep their previous status. The system won't reclassify past invoices.

For example: If an invoice showed as "Invoiced" on your March statement under Issue Date reporting, it will still show as "Invoiced" on your April statement after you switch to Due Date reporting.

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