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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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