## Overview

This module examines control accounts and reconciliation techniques, including receivables and payables control accounts, and various reconciliation procedures. Topics include posting to control accounts, reconciling differences, and error identification.

## 1. Receivables control account

- [Total sales, receipts, returns, and discounts](acca-fa1-receivables-control-account-total-sales-receipts-returns-and-discounts.md)
- [Bad debts and dishonoured items](acca-fa1-receivables-control-account-bad-debts-and-dishonoured-items.md)
- [Reconciling control to list of balances](acca-fa1-receivables-control-account-reconciling-control-to-list-of-balances.md)

## 2. Payables control account

- [Total purchases, payments, returns, and discounts](acca-fa1-payables-control-account-total-purchases-payments-returns-and-discounts.md)
- [Contra entries with receivables](acca-fa1-payables-control-account-contra-entries-with-receivables.md)
- [Reconciling control to supplier balances](acca-fa1-payables-control-account-reconciling-control-to-supplier-balances.md)

## 3. Reconciliation procedures and checks

- [Identifying errors and omissions](acca-fa1-reconciliation-procedures-and-checks-identifying-errors-and-omissions.md)
- [Reconciling items and adjustments](acca-fa1-reconciliation-procedures-and-checks-reconciling-items-and-adjustments.md)
- [Documenting reconciliation outcomes](acca-fa1-reconciliation-procedures-and-checks-documenting-reconciliation-outcomes.md)

Free ACCA FA1 Control Accounts and Reconciliations Study Guide