Ledger accounts used for ACR

The commonly used control accounts for Accounts Receivable are described below.

Rebates

Rebates are posted to this account.

This account only exists for accounts receivable.

Doubtful Invoices

Doubtful invoices are posted to this account. This account only exists for the accounts receivable.

Note: If you think an invoice is not going to be paid, you can post the invoice as doubtful using an invoice correction. This invoice is credited from the normal control account and posted to the doubtful invoices account.