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Accounts Reconciliation

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(Querist)
04 February 2011 Some comapny wants Accounts Reconciliation ( it is not Bank Reconciliation ). i think ledger account reconcilaition. What is that ? How it will be reconcile? please tell me any one?
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O.D.SHARMA

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O.D.SHARMA (Expert)
04 February 2011 take their printout of your a/c & reconcile with your ledger.Else give them your ledger print of their account
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SHIRAS

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SHIRAS (Querist)
04 February 2011 soaccount reconciliation for Vedor reconcilaitaion and Customers Reconciliation. Am a right. heve any other reconciltion in accounting (excludung bank reconciliation).
Thanks for reply
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CA PARAS BAFNA

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CA PARAS BAFNA (Expert)
04 February 2011 Reconciliation means ascertaining the (causes of) differences and "Fix" them.
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Azmathullah Khan

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Azmathullah Khan (Expert)
05 February 2011 You are takling abt self balancing system, you might done this on your 2nd year b.com.

it the reconcialiation for sundry debtor and creditor ledger.
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