Website Customer accounting statements and Customer Overdue Payments Odoo Apps offers you to view customers or vendor statements reports with overdue invoices and payment details and helps you to send statements of account reports by email to your customers and suppliers.
Account Statement reports comes with the due range tables with 0-30 days, 30-60 days ,60-90 and 90+ days kind of range. This Odoo apps also helps to print overdue statement reports of customer. Accountant will have option to filter customer and supplier statements with start date and end date this filter statement comes with opening balance before the start date selected on filter for filter accounting statements. You can also print and send this filter statements too.
Statements tab of customer and supplier both shows total due amount and total overdue amount balance , total due is show total remaining due amount of customer or supplier and total overdue amount shows the total which become overdue based on the payment term selected on invoices.
After installing this Odoo modules/app you can print and send customer/supplier statement as well as print and send overdue payment reports by email.You can also send this overdue payment and statement automatically to your customer and vendors every month using the automatic send email feature.
This app also have feature to view statements from the portal view for all portal customers, customers can login to website and check my account page to view their statement and download their statement easily.
Also read: Customer/supplier statement of account reports in Odoo
Features
1) Customer/Vendor Statements Report
User can print customer or vendor statement reports easily.
2) Print Statement Report from Website
User can print customer statements report also from website.
3) Auto Send Reports
Auto send statement report by mail on configured days of month.
4) Manually Send Customer Statement and Overdue Report
User can manually sens statement report by email.
5) Print Customer/Vendor Statement and Filter Statement
User can print customer statement and vendor statement and filter statement report from selected date range from website or backend.
6) Print Customer Statement and Overdue Statements
User can print customer statement or overdue statement report from website or backend.
7) Auto Send Monthly Statement to Customers
Monthly customer statement automatically sent to customer.
8) Auto Send Weekly Statement to Customers
Weekly customer statement automatically sent to customer.
9) Mass Send Customer Statement and Overdue Payment
User can select multiple customers and can send customer statement and overdue payment by mail at once.
10) Opt Statement Option
Opt Statement option is there if user do not send auto statement by mail.
Importance of Customer Statement Management
Maintaining accurate customer statements is essential for healthy financial operations. Businesses often deal with multiple invoices, partial payments, credit notes, and outstanding balances across numerous customers. Without clear visibility into account activity, it becomes difficult to monitor receivables and maintain strong customer relationships.
Customer statements provide a consolidated view of transactions, helping both businesses and customers understand account status, outstanding balances, and payment history. This transparency improves communication and reduces disputes related to invoicing and payments.
Organizations that regularly review customer statements are better positioned to manage cash flow and improve collection efficiency.
Benefits of Vendor Statement Tracking
Vendor statements are equally important for maintaining accurate financial records and managing supplier relationships. Businesses frequently receive multiple invoices from suppliers over different periods, making account reconciliation an important process.
Access to vendor statements helps organizations verify balances, identify discrepancies, and ensure supplier payments are processed accurately. Better visibility into payable accounts supports stronger financial planning and operational control.
Accurate vendor statement management contributes to healthier supplier relationships and improved business continuity.
Improving Accounts Receivable Management
Accounts receivable represents a significant asset for many businesses. Efficient monitoring of outstanding customer balances helps organizations maintain healthy cash flow and reduce the risk of overdue payments.
Regular statement reviews allow accounting teams to identify unpaid invoices and follow up proactively with customers. Better receivable management supports faster collections and reduces financial risk.
Organizations benefit from improved liquidity and stronger financial stability.
Enhancing Financial Transparency
Financial transparency is important for both internal management and external business relationships. Providing customers and suppliers with accurate account information helps establish trust and improves communication.
Detailed statements provide clear visibility into invoice activity, payments received, outstanding balances, and transaction history. Greater transparency reduces misunderstandings and helps all parties maintain accurate financial records.
Businesses that promote transparency often experience smoother financial operations and stronger stakeholder confidence.
Supporting Credit Control Processes
Credit control plays a key role in minimizing financial risk and maintaining healthy customer accounts. Organizations need effective tools to monitor payment behavior and identify accounts requiring follow-up attention.
Statement reporting helps accounting teams evaluate customer payment patterns and monitor outstanding balances. Better visibility into receivables supports informed credit management decisions and improved collection strategies.
Effective credit control contributes to stronger cash flow management and reduced bad debt exposure.
Facilitating Account Reconciliation
Account reconciliation helps businesses verify that accounting records match actual customer and supplier balances. Accurate reconciliation is essential for maintaining reliable financial statements and preventing discrepancies.
Statement reports provide detailed transaction histories that support reconciliation activities and simplify account verification processes. Improved visibility helps accounting teams resolve issues more efficiently and maintain accurate records.
Organizations benefit from greater confidence in financial reporting and accounting accuracy.
Strengthening Customer Relationships Through Communication
Providing customers with regular account statements demonstrates professionalism and helps maintain open communication regarding financial obligations. Customers appreciate having access to clear and accurate information regarding their accounts.
Well-organized statements help customers understand payment requirements and review transaction details without confusion. Better communication contributes to improved customer experiences and stronger business relationships.
Organizations that communicate effectively often achieve higher levels of customer satisfaction and retention.
Supporting Financial Audits and Compliance
Accurate statement records support audit preparation and compliance activities by providing detailed documentation of financial transactions. Businesses often require historical account information during internal reviews and external audits.
Comprehensive statement reporting helps organizations maintain proper financial records and demonstrate compliance with accounting procedures. Better documentation supports governance initiatives and reduces administrative effort during audit processes.
Well-maintained financial records contribute to stronger operational control and regulatory readiness.
Cash Flow Visibility and Financial Planning
Understanding outstanding balances and expected payments is essential for effective financial planning. Statement reports provide valuable insights into customer receivables and supplier obligations, helping organizations forecast future cash movements.
Improved visibility into financial obligations supports budgeting, forecasting, and strategic decision-making. Organizations can allocate resources more effectively when they have accurate information regarding account balances and payment expectations.
Strong cash flow visibility contributes to long-term financial stability.
Digital Transformation in Accounting Operations
Modern accounting departments increasingly rely on automation and digital tools to improve efficiency and reduce manual workloads. Digital statement management helps organizations streamline financial communication while maintaining accurate records.
Automated reporting processes reduce administrative effort and improve consistency across accounting operations. Businesses can provide better service to customers and suppliers while improving internal productivity.
Organizations embracing digital accounting practices are better positioned to support growth and operational excellence.
Print Customer Statement from Website
User can see "Print Customer Statement" button under My Account menu, and print report from website.
Customer Statement Report
User can see printed customer statement report.
Monthly Statement Report
User can see printed monthly statement report.
Print Customer Filter Statement from Website
User can see "Print Customer Filter Statement" button under My Account menu on website, and print report from website.
Customer Filter Statement Report
User can see printed customer filter statement report.
Customer Statement
User can find "Customer Statement" and "Vendor Statement" tabs on customer/vendor form view.
User can see printed customer statement report.
Customer Statement Report With Date Filter
When you click on "Get statement" after applied the filter it will provide statement details for selected date range as shown in image.
User can see printed customer statement report with date filter between selected dates.
Supplier Statement
Accounting User/Accountant can also able print Statements of customers and suppliers by clicking "Print Vendor Statement" button.
User can see printed supplier statement report.
Vendor Statements Filter By Date
User can see printed supplier statement report with date filter between selected dates..
User can see printed supplier statement report with date filter between selected dates.
Auto Send Statement Mail
Enable "Send Customer Statement" to schedule statements (Monthly = last month; All = to date). Enable "Send Overdue Customer Statement" for overdue notices. Auto-sends only to customers with positive balances. Use "Opt Automatic Statement Overdue Payment" to auto-send to selected customers; tick "Opt Statement" on a customer to exclude them.
User can also print statement report from customer "Print" menu.
Invoice Outstanding Report
User can also generate invoice outstanding report from "Invoicing > Customers > Outstanding" menu.
On wizard user have to select journal for invoices, select start date and end date for outstanding report, User can generate XLS and PDF report for outstanding.
Invoice Outstanding XLS Report
Invoice Outstanding PDF Report
