Minimum Version Required: 22.01
Steps
How to configure Statement Groups
Using the Universal Search, navigate to the Statement Groups table
Click the Add Statement Groups button
Enter values to the fields on the New Statement Groups form and click Add Record when complete
Sub Tables show the relationship between Statement Groups and other tables. Click the Sub Tables button to see those relationships and related records
AR Accounts - The AR Accounts that are set to this Statement Group
Automated Statements - The configuration that automates the Statement send process
Fields And Definitions
*Statement Group - Alias or name of Credit Term. Be as clear and descriptive as possible
Example: Fintech 30 Day, Net 30 - [Location], Cash Only
*Statement Template - The layout or design of the Statement document
*Show Remittance Letter - Toggle on/off to include a remittance letter in the sent Statement
*Show Open Invoices - A picklist to Hide or Show Open invoices, with or without attachments
Remittance Letter Subject - The subject line for outbound Remittance Letters
Remittance Letter Body - The body or content for outbound Remittance Letters
Reply Email - The reply to an email address for outbound Remittance Letters
*Balance Forward Template - The layout or design of the Balance Forward document
Email Document ID - This is a campaign manager template used to send statements through emails
Best Practices
Consider the name of your Statement Group carefully - does it convey exactly what the expected behavior of the Statement Group is?
Statement Groups are applied to an AR Account from the Statement Group field on the AR Account record. Clicking the ‘Add AR Account’ button on the sub-table will result in the creation of a NEW AR Account, not add the Credit Term to an existing AR Account or Split Invoice