06/23/2026
Paid-off or closed accounts still need documentation.
If your bank says they cannot provide a regular statement because the account was closed or paid off, ask for alternative bank-issued support.
Your business should have documentation showing the activity on the account, interest charged, payments made, and proof that the balance was paid off or zeroed out.
This matters for clean books, audit support, and accurate financial reporting.
Don’t be afraid to request what your business records need.