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7. what is reconciliation

Answers were Sorted based on User's Feedback



7. what is reconciliation..

Answer / tejakarnati

Reconciliation is comparison of two records. For Example: Comparing your bank statement with your receipts from grocery stores.
  

Is This Answer Correct ?    7 Yes 0 No

7. what is reconciliation..

Answer / mahesh babu

Reconilaion is used to identify the un realised gains and un realised loses which is occuer to currency exance rates flauctuations.

Is This Answer Correct ?    1 Yes 2 No

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