diff --git a/app/Models/Account.php b/app/Models/Account.php
index bd76681..9f6e0fd 100644
--- a/app/Models/Account.php
+++ b/app/Models/Account.php
@@ -34,4 +34,23 @@ class Account extends Model
     {
         return $this->belongsTo(Customer::class, 'customer_code', 'customer_code');
     }
+    
+    /**
+     * Get all balances for this account.
+     */
+    public function balances()
+    {
+        return $this->hasMany(AccountBalance::class, 'account_number', 'account_number');
+    }
+    
+    /**
+     * Get balance for a specific period.
+     * 
+     * @param string $period Format: YYYY-MM
+     * @return AccountBalance|null
+     */
+    public function getBalanceForPeriod($period)
+    {
+        return $this->balances()->where('period', $period)->first();
+    }
 }
diff --git a/app/Models/AccountBalance.php b/app/Models/AccountBalance.php
new file mode 100644
index 0000000..3ab0320
--- /dev/null
+++ b/app/Models/AccountBalance.php
@@ -0,0 +1,59 @@
+<?php
+
+namespace Modules\Webstatement\Models;
+
+use Illuminate\Database\Eloquent\Model;
+use Illuminate\Database\Eloquent\Factories\HasFactory;
+
+class AccountBalance extends Model
+{
+    use HasFactory;
+
+    /**
+     * The attributes that are mass assignable.
+     */
+    protected $fillable = [
+        'account_number',
+        'period',
+        'actual_balance',
+        'cleared_balance',
+    ];
+
+    /**
+     * Get the account that owns the balance.
+     */
+    public function account()
+    {
+        return $this->belongsTo(Account::class, 'account_number', 'account_number');
+    }
+
+    /**
+     * Scope a query to filter by account number.
+     */
+    public function scopeForAccount($query, $accountNumber)
+    {
+        return $query->where('account_number', $accountNumber);
+    }
+
+    /**
+     * Scope a query to filter by period.
+     */
+    public function scopeForPeriod($query, $period)
+    {
+        return $query->where('period', $period);
+    }
+
+    /**
+     * Get balance for a specific account and period.
+     *
+     * @param string $accountNumber
+     * @param string $period Format: YYYY-MM
+     * @return AccountBalance|null
+     */
+    public static function getBalance($accountNumber, $period)
+    {
+        return self::where('account_number', $accountNumber)
+            ->where('period', $period)
+            ->first();
+    }
+}
diff --git a/database/migrations/2025_05_23_122342_create_account_balances_table.php b/database/migrations/2025_05_23_122342_create_account_balances_table.php
new file mode 100644
index 0000000..0177d40
--- /dev/null
+++ b/database/migrations/2025_05_23_122342_create_account_balances_table.php
@@ -0,0 +1,42 @@
+<?php
+
+use Illuminate\Database\Migrations\Migration;
+use Illuminate\Database\Schema\Blueprint;
+use Illuminate\Support\Facades\Schema;
+
+return new class extends Migration
+{
+    /**
+     * Run the migrations.
+     */
+    public function up(): void
+    {
+        Schema::create('account_balances', function (Blueprint $table) {
+            $table->id();
+            $table->string('account_number');
+            $table->string('period'); // Format: YYYY-MM
+            $table->decimal('actual_balance', 20, 2)->default(0);
+            $table->decimal('cleared_balance', 20, 2)->default(0);
+            $table->timestamps();
+
+            // Create a unique constraint to ensure one record per account per period
+            $table->unique(['account_number', 'period']);
+            
+            // Add indexes for faster queries
+            $table->index('account_number');
+            $table->index('period');
+            $table->index('created_at');
+
+            // Add foreign key if needed
+            // $table->foreign('account_number')->references('account_number')->on('accounts');
+        });
+    }
+
+    /**
+     * Reverse the migrations.
+     */
+    public function down(): void
+    {
+        Schema::dropIfExists('account_balances');
+    }
+};