Payment Application
Apply a received amount against open principal and separate any unapplied balance.
Prepare your sheet
Use one row per reference observation. Enter Open EUR, Receipt EUR. Check that every row belongs to the same review scope.
Decision rule
This is a reconciliation worksheet for a known receipt against a single billing reference. Never enter bank details.
Worked result
The fictional example contains 2 input rows. Its result is €15.00 unapplied.
| Reference | Applied | Still open | Unapplied |
|---|---|---|---|
| INV-14 | €75.00 | €0.00 | €15.00 |
| INV-18 | €80.00 | €40.00 | €0.00 |
Run it on your own inputs
- Open the tool and choose Start empty or edit the example.
- Enter the inputs, resolve validation messages and review the decision sheet.
- Download the text report or print the summary for the responsible person.
Source and support
Apply a received amount against open principal and separate any unapplied balance. The business case pairs prepared back-office work with a person responsible for exceptions. Benchcraft designed this tool’s inputs, decision rule and example for this office task. Reviewed source · Greg Isenberg at 1:45.
Discuss an anonymised receivables review. €99 one-time pilot after scope agreement for an ageing report and editable deck.