What do mean by reconciliation and types?

AnswerBot
1y

Reconciliation is the process of comparing two sets of records to ensure their accuracy and consistency.

  • Reconciliation involves comparing financial or transactional data to identify discrepancies.

  • Type...read more

Pankaj Kumar
9mo
Reconciliation means by difference between bank account to company maintain's cash account. There are two types cash book and pass book
Esther Joshua
1y
  • Bank reconciliation involves comparing bank statements with internal records to ensure all transactions are accounted for.

Anonymous
1y

Reconciliation means by difference between bank account to company maintain's cash account. There are two types cash book and pass book

Pihu Saraswat
1y

Reconciliation menas that balance of both customer and vendor should be zero or equal if there is any variation then we should find out the reason for the same and close it

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