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What is the Difference Between the Statement of Account, and the Statements of Account?

Objective:

  • Statements of Account vs Statement of Account
  • Difference between the information that appears on the Statements of Account and the information on the Statement of Account

Environment:

  • Clio Manage

Additional Information:

 n/a

Answer:

Statement of Account: Is an optional feature that can be added to a Bill Theme. It provides a list of all transactions relating to the Client's account. (Including Trust deposits and Bill payments)

Statements of Account: Is a report that can be generated by going to the main Billing tab > click the arrow beside the 'New bills' button > click New statements of account. It provides the opening balances as of the specified date, the closing balance as of the date specified and the balance owed in a printable version for clients or for your own records. It does not include all client transactions.

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