Hi friends i went to interview interviewer asked in bank accounting why we giv

Hi friends i went to interview interviewer asked in bank
accounting why we give masking to G/L accounts.I don't know
please let me any one explain.

Question Posted / bhaskar

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Hi friends i went to interview interviewer asked in bank accounting why we give masking to G/L acc..

Answer / sridhar

The main purpose of masking is for Hiding the G/L Account
and it will be possible to change the G/L account if
required without changing it in the Check deposit or Bank
reconciliation statement configuration settings.

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Hi friends i went to interview interviewer asked in bank accounting why we give masking to G/L acc..

Answer / suresh kumar

Let assume your business have 4 house banks and 2 accounts like saving account, loan account with every bank. In this case we need to create 4 main bank GL accounts. In same way we create GL accounts for check payments, received checks from customers. Instead of creating GL masters specific to one HB, generally we create XXXXX0 series for HB,XXXXX1 for Payments and XXXXX2 for check receipts and masking the same.Whenever a transcation posted relevant GL triggered and get posted.

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