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what is reconciliation in accounting?
Reconciliation is the process of confirming that two sets of records are in agreement in accounting.
Reconciliation is an accounting process that compares two sets of records to check that if the figures are correct and in agreement. what is reconciliation in accounting also confirms that accounts in general ledger are consistent, accurate, and fully complete. However, it can be used for personal purposes. Learn more about what is reconciliation in accounting reconcile in the articles from Synder experts