A/R

Receipt Entry

Allocate what came in against what is owed. The debtors control account falls by exactly what is allocated and the bank rises by the same, in one journal.

|◀ ◀ EGO01 ▶ ▶|

AR1200

EGO01

Ego Pharmaceuticals Pty Ltd

Braeside VIC · 30 days

27 days oldest

Customer No.

Receipt Date

Bank Account

Reference

Banked By

Amount Received

Allocate against Oldest first · anything unallocated stays on the ledger

	Invoice	Order	Due	Age	Invoiced	Received	Outstanding	Allocate
1	INV-11001	SO-01001	07 Jul 2026	27 days over	$13,416.16	—	$13,416.16
2	INV-11029	SO-01029	29 Jul 2026	5 days over	$38,364.94	—	$38,364.94

Banking this posts one journal: debit the bank account, credit 1100 Trade Debtors. The aged trial balance and the control account both move because they are the same figure.

Owed by this account$51,781

Allocated$0.00

Unallocated$0.00

Left owing$51,781