7. what is reconciliation

Answer Posted / tejakarnati

Reconciliation is comparison of two records. For Example: Comparing your bank statement with your receipts from grocery stores.
  

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Do you track and record relationships between customers e.g. franchises, subsidiaries etc.?

1586


Explain Customer Creation and Maintenance Process. Provide samples of customer master records with Payment Terms.

2560


payment types and payment methods.

1428


what is the meaning of purchase default and what are the types

1673


explain with examples what r the roles & Responsiblities of a functional consultant who reviews the Test Scripts, Test Cases and Test Execution Results of AP, FA and GL.

2074






how we can stop the transaction for not transfer to the reporting ledger at the time of entering the transaction in pl

2007


1)What cannot be consolidated in GCS? 2) When you setup calendar in GL is it possible to change it?

3396


In Subinventories Form, how to enable the Locator Control. A message displayed when changing the drop down list "FRM-40200: Field is protected against update.

2415


What is Reporting of financial data in a project.

1607


What is meant RD020

472


encumbrence set ups?

2077


Re: what are the Issue that we face in Gl,PO and AP while Supporting

1838


What is the use of operating unit, while configure multiorg?

683


What is the Invoicing System in Oracle R12

939


1.what is the name of program to create invoice automatic from po.? 2.How to auto upload the bank statement? 3.PO tax has not flown to invoice . why? Debit memo not generated for return of goods.??

2960