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What is reconsilation flag in gl?
What is use of this ?
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Answer / saritha reddy
reconsilation flag is used to meet some reporting
requirements in the european country .This is used only for
tax calculations purpose.
| Is This Answer Correct ? | 8 Yes | 3 No |
Answer / arunasish sircar
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| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / hussain
Accrual Accounting standards use control accounts,also
known as parking accounts. These acounts should be given
the reconciliation flag.
| Is This Answer Correct ? | 0 Yes | 1 No |
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