A billing statement lists the charges a customer has accumulated over a period of time.
An account that QuickBooks automatically adds to your chart of accounts the first time you write an invoice. QuickBooks uses this account to track the money owed to your business. When you write an invoice or receive a payment from a customer, QuickBooks records the transaction in the register for your Accounts Receivable account.
Tip: You can also print this item as a PDF file, making it easy to keep records and share with others.