A statement of account template is an accounting tool which is used for providing descriptions of different transactions. It is a useful document which provides a detailed report about the contents of an account. This document is prepared for a specific time period having details about each transaction and shows billings as well as payments for different utilities. Usually, it is a periodic summary of an account with a brief description of all activities that happened in an account along with a precise date and time. Statement of account is an official summary which cannot be denied by both parties. This statement is generated for the acknowledgment of customers about transactions. Normally, a statement of account includes the heading of company or bank name, date and time of preparing a statement, time period of statement, brief description about each transaction along with valuable information, address and contact information of association which is required for further inquiry along with the signature of authorities.