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What is reconciliation account; can you directly enter
documents in that a/c?
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Answer Posted / bhaskar
The reconciliation accounts are maintained in the master
record of customers/vendors,so that all postings made to
subsidiary ledger are also posted tothe G/L.when the items
are posted to subsidiary ledger the sap system
automatically poststhe same data to the G/L a/c's
via.Reconciliation a/c in the G/L.
| Is This Answer Correct ? | 87 Yes | 4 No |
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