Trade Receivables
General Instructions for Preparation of StatementsTrade receivables shall be classified as Secured/Unsecured/Doubtful.
Trade Receivables Workings
Schedule III, Part I — Division I (Section C - Current Assets) — FY 2025-26Definition
Amounts owed by customers for goods and services sold in the ordinary course of business.
Recognition Criteria
Recognized when revenue is recognized and an unconditional right to consideration exists.
Measurement Principles
Measured at the invoiced amount less provision for doubtful debts.
Audit Procedures Dashboard
Trade Receivables (Division 1)Trade Receivables Aging Schedule
| Customer Name | < 6 Months | 6m - 1 Year | 1 - 2 Years | > 2 Years | Total (₹) |
|---|---|---|---|---|---|
| Acme Corporation | 1,20,000 | - | - | - | 1,20,000 |
| Beta Global Ltd | 85,000 | 15,000 | - | - | 1,00,000 |
| Gamma Systems | 40,000 | 10,000 | 5,000 | - | 55,000 |
| Delta Logistics | 2,50,000 | - | - | - | 2,50,000 |
| Epsilon Energy | 15,000 | 45,000 | 20,000 | 10,000 | 90,000 |
| Zeta Retail | 3,00,000 | - | - | - | 3,00,000 |
| Eta Manufacturing | 12,000 | 18,000 | 25,000 | 5,000 | 60,000 |
| Theta Tech | 1,40,000 | 20,000 | - | - | 1,60,000 |
| Iota Solutions | 50,000 | - | - | - | 50,000 |
| Kappa Foods | 20,000 | 30,000 | 15,000 | 10,000 | 75,000 |
| TOTAL | 10,32,000 | 1,38,000 | 65,000 | 25,000 | 12,60,000 |