What is the primary purpose of a statement sent to a veterinary practice?

The primary purpose of a statement sent to a veterinary practice is to list items received and the amount due. Such statements play a vital role in the financial management of the practice by providing a clear and concise summary of transactions. They help veterinary practices keep track of their expenses, ensure that payments are made on time, and maintain accurate financial records. This function is essential for effective cash flow management within the practice.

The detail in the statement allows veterinary practices to verify the items they have received against the order they placed, ensuring transparency and accuracy in billing. Additionally, it helps to avoid disputes with suppliers regarding what has been delivered, as both parties can reference the same document.

Other options, while related to inventory or supplier management, do not fulfill the primary role of a statement in a financial context. They may support the running of a veterinary practice but do not represent the core function of a financial statement.