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.

|◀ ◀ IPG01 ▶ ▶|

AR1200

IPG01

Integrated Packaging Group Pty Ltd

Dandenong South VIC · 30 days

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-11054	SO-01054	11 Aug 2026	Current	$198,660.00	—	$198,660.00
2	INV-11034	SO-01034	12 Aug 2026	Current	$160,512.00	—	$160,512.00

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$359,172

Allocated$0.00

Unallocated$0.00

Left owing$359,172