The statement period is the window of time a single statement covers, shown as a start date and an end date near the top of the page. It is the rule that decides which activity belongs on that statement and which does not.
What it determines
Any movement on your facility dated within the period appears on the statement. Anything dated before the start date is already captured in the opening balance carried over from the previous statement, and anything dated after the end date will appear on the next one. There are no gaps and no overlaps, so your statements chain together cleanly.
Why it matters
- When reconciling, set your own date filter to match the statement period so you do not double count.
- If a transaction looks missing, check whether its date falls just outside the period.
- The closing balance on the period's last day becomes the opening balance for the next period.
Related terms
The statement period is not the same as your financial year, which a year-end summary covers, nor the same as a due date, which is when something must be paid. Whichever applies, your statement relates to your company's facility, because Credicorp lends only to UK limited companies and LLPs for business purposes.
See also: Statement glossary: opening balance and closing balance, Statement glossary: running balance and Arrears (glossary).