What is the purpose of preparing arrears statements?

What is the purpose of preparing arrears statements?

بقایا جات کے گوشوارے تیار کرنے کا مقصد کیا ہے؟
Explanation

The purpose of preparing arrears statements is to identify and track overdue tasks or payments.

These statements list unpaid or overdue amounts.

It helping to manage and follow up on outstanding obligations effectively.