A Billing Statement is a BillMax document that shows activity from the last Billing Statement
to the current one determined by the transactions' Post Date. They are most likely used for
retail customers. They may contain one or more of the following:
- Invoice displaying all line items
- Payment
- Payment Reversal
- Refund
- Refund Reversal
In addition the Billing Statement will include:
- A beginning balance
- An ending balance
- Notes
- Information about Credit Card or Electronic Check declines
For Accounts associated with an Account Profile marked to sent Billing Statements, all sales
transactions will have the same due date and the same electronic collection date.
Note: To maintain parallel data processing, Billing Statements are created for
customers associated with Account Profiles marked to send Invoices. However, these are not
sent automatically to the customer. In addition, if the Billing Statement contains data
from more than one Invoice, sales transactions may have different due dates and electronic
collection dates. Therefore, although allowable, sending a Billing Statement to an Invoice
customer is not advised.
