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.

|◀ ◀ PRY01 ▶ ▶|

AR1200

PRY01

Prysmian Australia Pty Ltd

Liverpool NSW · 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	Allocate
1	INV-11017	SO-01017	14 Aug 2026	Current	$263,021.00	—	$263,021.00
2	INV-11025	SO-01025	14 Aug 2026	Current	$109,378.50	—	$109,378.50

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$372,400

Allocated$0.00

Unallocated$0.00

Left owing$372,400