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.

|◀ ◀ IPX01 ▶ ▶|

AR1200

IPX01

Iplex Pipelines Australia Pty Ltd

Kilsyth VIC · 45 days EOM · major account

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
1	INV-11000	SO-01000	14 Sep 2026	Current	$20,175.82	—	$20,175.82
2	INV-11014	SO-01014	14 Sep 2026	Current	$176,000.00	—	$176,000.00
3	INV-10802	SO-26-1181	14 Sep 2026	Current	$126,544.00	—	$126,544.00

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$322,720

Allocated$0.00

Unallocated$0.00

Left owing$322,720