What is a key feature of customer statements generated in accounting?

A key feature of customer statements generated in accounting is the summary of the customer transaction history. These statements provide an overview of all transactions a customer has engaged in over a specific period, including details such as invoices, payments, and outstanding balances. This summary is essential for both the business and the customer, as it helps in tracking sales, managing receivables, and ensuring clarity in financial dealings.

By consolidating all transactions into a single document, customer statements not only facilitate easier reconciliation of accounts but also enhance communication between the business and its customers regarding outstanding amounts. Customers can see their payment history and any late charges or credits applied to their accounts, which supports transparency and assists in maintaining a good customer relationship.

The other options do not pertain to customer statements. For instance, product pricing comparisons are relevant to pricing strategies or sales analysis rather than individual customer accounts. Supplier credit terms relate to purchasing practices and supplier relationships instead of customer transactions. Lastly, employee payment history is concerned with payroll and internal financial management, not with how a business tracks its customer interactions and receivables.