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What is reconsilation flag in gl?
What is use of this ?
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Answer Posted / saritha reddy
reconsilation flag is used to meet some reporting
requirements in the european country .This is used only for
tax calculations purpose.
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HI, once we create the standard invoice then we can get journal entry item expense a/c-dr to liability a.c then item it will reflect through inventory, but liability a/c . it will reflect from GL , it is possible .
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