Customer Statement is the monthly statement you give to each of your customers, detailing the transactions done in the current month. Moreover, it is also used as a request to your customers for settlement of the ending balance, if any. This statement is usually prepared from your debtors' sub-ledger.
customer statement is issued by customer. The statement shows that the details of outstanding invoices or debit note and also the details of the payment during one month. The closing date of the statement is ususally the final date of month, e.g. 30th or 31st.
If you find that the details of statement does not match with your account record, you should take immediately action to inform your customer.
Also, you could use customer statement to confirm your account book - debtor ledger and can discover any errors that may be made by account people.
Conclusion, customer statement is an important document.