Periodic Statements provide owners financial information including the opening and closing balances of your investment and the management costs over a set period.
The main benefit of sending a Periodic Statement is to include all activity over a period, this can include funds transfers and other expenses that are not included in a Disbursement Statement.
Example Periodic Statement:
**Important Note** Once a Periodic Statement is generated the accounting period is then closed for the owner for that period. If you need to record any financial activity for the owner after the statement has been issued, you will need to void the statement.
See: Voiding a Statement