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Curious if there are alternative methods available within Odoo to obtain these statements, or if configuration is necessary. If configuration is indeed required, I would greatly appreciate guidance on how to configure statements for both customers and vendors.

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Hello,

You can install the Accounting Customer Statement module and take the customer statement prints from Odoo. The print will be available in Customer > Action. You can watch below video as well for more details.

Customer Statement

Another option is to take the it from the Accounting > Reporting > Partner Ledger. There is no separate configuration is required. You can filter the partner and take the report in PDF or Excel

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