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Diff b/w accounts

Former Member
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What is the diff between the Revenue and Reconciliation accout.?

How many receivables are there?

like cash receivables etc

Accepted Solutions (1)

Accepted Solutions (1)

Former Member
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Revenue Account:

revenue a/c u can post directly

Reconciliation Account:

recon a/c u cannot post directly

I know of 2, one is Cash Receivable and other is Account receivable.

Regards

AK

Reward points if helpful

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