Rocket Matter Knowledge Base Billing by Matter What is the difference between a Statement and an Invoice?

What is the difference between a Statement and an Invoice?

Invoice: Generates new Invoices and Invoice numbers for your Client's bills. Your Matter Ledger and Trust Ledger will reflect these changes.

Statement: An Unpaid Invoice Statement displays the Client, Matter information, and the Invoice numbers of processed Invoices with the total amount due for all. This does not create a new Invoice or Invoice number. It is just an overview of what's due for all matters. The Unpaid Invoice Statement template can be modified in the 'Custom Invoice Template' section.