Closed Subcontractor Statements

Learn how to review and manage closed subcontractor statements after posting self-billing invoices.

  less than a minute  

When the purchase invoice is posted, the related Subcontractor Statement is automatically closed.
Keeping closed statements separate from active ones ensures clarity in project accounting, serve as an audit trail and provides a traceable history of subcontractor billing.

Overview

A closed statement contains all data from the original approved statement, including:

  • Vendor details
  • Statement period and total amount
  • Linked project ledger entries
  • Reference to the connected purchase invoice

These records are read-only and cannot be modified.

Where to Find Closed Statements

To view historical subcontractor statements:

  1. 🔎 Go to Closed Subcontractor Statements.
  2. Use filters such as Vendor or Period to locate the desired record.
  3. Open the statement to review its details and links to related documents.

Available Actions

On the Closed Subcontractor Statement page, you can:

  • View all linked Project Ledger Entries
  • View the related Posted Purchase Invoice
  • Export or print the statement for reporting or audit purposes