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      • Acc'ts Receivable - Digital Bar Tab
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    • Box 4 >
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      • Acc'ts Payable - Simple Digital List
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      • Sales Tax Remittance Tracking
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    • Other >
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      • Step 4 - The Accounting System 6 Box Model
      • ----------------------
    • For CPAs >
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        • Bookkeeping Template Data Flow Details
        • Balance Sheet Re-imagined
        • Income Statement Re-imagined
        • Bookkeeping Re-Imagined
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  • Home
  • Testimonials
    • Sales System Templates
    • Bookkeeping Template
  • The Challenge
  • Education
    • !! Start Here !!
    • ----------------------
    • Single Page Visuals (and more...)
    • Fun Seekers Corner >
      • FSC 101
    • Accounting Studio Magic >
      • ASM 101
      • ASM 103
    • ----------------------
    • Software in Greater Detail... >
      • Spreadsheets 101
      • Sales Systems 101
      • Bookkeeping 101
      • DIY Software Programming 101
    • Intro Videos
    • Books & Pamphlets
    • ------------------------
    • Empowerment
    • Reimagination
    • ----------------------
    • End User Benefits
    • FAQs
  • Software
    • !! Start Here !!
    • ----------------------
    • Via the 6 Box Model
    • ------ By Box -----
    • Box 1 >
      • Invoicing 101 - Petes Electric
      • Statements 101 - Martha's Counseling
      • Legal Billing (images only)
    • Box 2 >
      • Expense and Profit Analysis
      • Time and Attendance
      • Payroll System
    • Box 3 >
      • Bank Deposit Prep WB
      • Acc'ts Receivable - Digital Bar Tab
      • Acc'ts Receivable - Double Entry
    • Box 4 >
      • Check Journal Example
      • Check Journal w/ 3 up Printing
      • Acc'ts Payable - Simple Digital List
    • Box 5 >
      • Bookkeeping
      • Transaction Generator
      • Bank Statement Generator
      • Bilbo's Bank - Faux Bank Website
      • Manual Balance Sheets
    • Box 6 >
      • Tax Prep Summary Worksheet
      • Tax Return Journals
      • Taxable Income Tracking
      • Tax Simulation & Estimating (Fed, State, PremTaxCred)
      • Real Estate Transaction Journal
      • Sales Tax Remittance Tracking
    • ------------------------
    • Other >
      • Accounting Master File
      • DIY1 uBoundGScriptProject
  • FAQs
  • More...
    • Orientation >
      • ------ INFORMAL ------
      • Models & Data Flow for folks on the GO!
      • Problems, Solutions and Bigger Backstory
      • ------- FORMAL -------
      • Step 1 - Welcome
      • Step 2 - Custom For You... >
        • Accounting Alchemists
        • Categorizing Crackerjacks
        • Simmering Sages
        • Sorcerous Students
        • Magical Millennials
        • Enchanting Educators
        • Spreadsheet Gurus, Javascript Wizards, Database Devils, & Full Stack Devs too...
      • Step 3 - Reunited!
      • Step 4 - The Accounting System 6 Box Model
      • ----------------------
    • For CPAs >
      • Welcome & Orientation
      • Resources >
        • Bookkeeping Template Data Flow Details
        • Balance Sheet Re-imagined
        • Income Statement Re-imagined
        • Bookkeeping Re-Imagined
        • Demystification Documents
        • Empowerment For CPAs
      • Notifications >
        • 11/6/2021 - Sea Change Notice
        • 1/17/2022 - The Opportunity
        • 5/14/2022 - Seeking CPE Partners
    • Contribute
    • Admin > Login/Logout
    • Archive >
      • Home_out20210331
      • Commerce Snippets
    • About
    • Contact

 Software > Box 3 > Accounts Receivable (Dbl Entry)

Template:  ​​ZAP_b3_AccountsReceivable_dblEntryDemo   
Technical Details
Approximate # of Active Worksheets: 3
Approximate. # of silent worksheets: 1 
​ArrayFormulas: 6
Bound Script Project used? No

Unbound Script Project connected? No
For Small Businesses, Accounts Receivable are often kept 1) on a piece of paper like a bar tab 2) in a simple spreadsheet like a bar tab or 3) in an invoicing module where invoices were sent out (when they are paid they are just checked off the list).  

In such businesses, the "Accounts Receivable" Account does not exist in the Chart of Accounts.  The Accounts Recievable are all just a part of the cash inflow process and nothing is relevant for Tax Accounting until the money hits the bank.
Thus, the entire idea of Accounts Receivable is NOT included as part of the Double Entry, Tax Accounting Process.   

​In such businesses, when the money is collected, the sale is considered to have been made and not prior (not when it transacted).

​HOWEVER. businesses doing over $5 million in sales are required to include Accounts Receivable as an Asset.  Often times the easiest way to do that is to keep a Journal in a fully separate module and then just manually add them to the Balance Sheet for reporting. 

HOWEVER, some folks may want or need a Double Entry Accounting style A/R module to work in parallel with or integrate into your primary ZAP Bookkeeping module. If so, this is for you. 

This workbook contains a Journal Worksheet identical to the checking, credit card and Expenses Paid Via Journals in the primary module and it contains samples of the equations needed to create relevant reporting. Technically these could be added back to the primary bookkeeping module and integrated into the transaction aggregator (and thus the General Journal) with an addition to the master union in the Transaction Aggregator.  
What's a HELOC in 1st?  Link coming soon...
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