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.

|◀ ◀ TYC01 ▶ ▶|

AR1200

TYC01

Tycab Australia Pty Ltd

Mount Waverley VIC · 30 days

Watch 10 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
1	INV-10788	SO-26-1160	24 Jul 2026	10 days over	$54,032.00	—	$54,032.00
2	INV-10791	SO-26-1163	26 Jul 2026	8 days over	$35,200.00	—	$35,200.00
3	INV-11050	SO-01050	31 Aug 2026	Current	$48,400.00	—	$48,400.00

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$137,632

Allocated$0.00

Unallocated$0.00

Left owing$137,632