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what is reconciliation account can you directly enter
document in that a/c?
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Answer Posted / pp
Recon accournts are Gl accounts that receive the data from
subledger accounts.It means transaction data are not
directly posted to recon account.Examples of recon are
AR,AP,Fixed Asset GL.For AR GL the subledger is Customer
account.All the transactions with customer are posted
directly to Customer account and Recon account is
automatically updated.When u create the customer account you
have to specify the Recon account under company code data.
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