4. MEANING OF RECON…..
In General Meaning Recon… means the action of making
one belief compatible with another.
Reconciliation is a key process used to determine whether
the money leaving an account matches the amount spent.
Ensuring the 2 values are balanced at the time of
Reconciliation period.
5. Types of Recon….
Balance Sheet Reconciliation.
Bank Reconciliation
Box Management.
Custody Reconciliation.
General Ledger Reconciliation
Inter Company Reconciliation.
7. MOSTLY USED RECON
Bank Reconciliation
General Ledger Reconciliation.
Inter Company Reconciliation
Stock Reconciliation
Supplier Statement Reconciliation.
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