Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

Why we pass journal entry in supplier account for match balances?

user-image
Question added by Sanjay Dogra
Date Posted: 2018/03/28
AZATSHATRU PANDIT
by AZATSHATRU PANDIT , Manager- F , YUGANSH SHIPPING

 if we need recover some damage and discount  than we pass the journal entry in supplier account

The reconciliation operation consists of matching entries in different accounts to indicate that they are related. Generally reconciliation .... For example, if you have to pay a supplier's invoice for a large amount you can split the payments amongst several bank accounts according to their available balance

More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.