What is the importance of reconciliation account in customer
master?
Answer Posted / nag
Reconsulation account is the account which will help to cummulate the outstanding of the customer.
when we create invoice system generate accounting document
the account entry is
customer a/c debit
to
revenue a/c credit
for customer account system determine gl accounts from reconsulation account
Is This Answer Correct ? | 3 Yes | 0 No |
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