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Vendor reconciliation is an accounting process used to compare two sets of records to ensure figures match. The key process is used to determine whether the money leaving an account matches the amount spent, ensuring the two values are balanced at the end of the recording period.
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Related Questions
What is the journal entry if bank pay the amount to vendor on behalf of the company?
No entry at the time of payment by bank and entry is recorded when bank reconciliation with bank and information arrive from bank.
What is reconciliation in Tagalog?
Tagalog Translation of RECONCILIATION: pagkakasundo
What is the formula of the sacrament of penance and reconciliation?
foRmula of sacrament of reconciliation
What comes first eucharist or reconciliation?
reconciliation.
What are the types of reconciliation?
types of bank reconciliation
What are the types of bank reconciliation?
types of bank reconciliation
What is bank reconciliation statement?
Bank Reconciliation Statement
What is the category of reconciliation?
the category of reconciliation is the healing category.
Why a bank reconciliation necessary?
why a bank reconciliation necessary
What sacrament does Reconciliation go under?
Reconciliation is a sacrament.
How do you abbreviate Vendor?
Vendor
What is the abbreviation for vendor?
vendor
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