A supplier statement lists every invoice and credit note you’ve raised for a supplier, with amounts paid, unpaid and an outstanding balance carried forward. A remittance advice is a note confirming what a payment covers. Both help you and the supplier reconcile, and can be produced as PDF or CSV.
Key points
- A statement is a running account of invoices, credit notes and balance.
- A remittance advice confirms what a payment covers.
- Both can be exported as PDF or CSV.
The supplier statement
A statement shows a running account: opening balance brought forward, each invoice and credit note in the period, what’s been paid and unpaid, and the closing balance outstanding. Credit notes appear as negatives.
The remittance advice
A remittance advice accompanies a payment and lists the invoices it settles and the total remitted. It’s the customer telling the supplier “here’s what this payment is for”.
This is general information, not tax advice — confirm your own position with your accountant or HMRC (see VAT Notice 700/62 on self-billing).