- General Ledger
- Accounts Payable Previous Years
- Closing Accounting Year
- Consolidation Of Financial Statements and Accounting Institutions
- Differential Exchange Other Account
- Foreign Debt Exchange Differential
- Receivable Account Previous Years
- Statement Of Changes In Equity
- Sub Ledgers
- Support Entities
- Journal Entry Voucher
- Account Inquiry
- Reports
- Standalone General Ledger Rollover
FreeBalance Accountability Suite
Search
User login
English
Français
монгол
Português
EspañolReconciliation of Reciprocal Transactions
Tue, 2019-06-18 05:28 — vdharwadkar
Overview
The goal of this process is identify and eliminate transactions that are equivalent (reciprocal) between two or more institutions from the same group, for example, one budget transfer from Institution A (expenditure) to institution B (Income) is consider equivalent and candidate to be conciliated and eliminated, because it is not a real expense and is not considered a real income.
Navigation
General Ledger ► Consolidation Of Financial Statements and Accounting Institutions ► Reconciliation of Reciprocal Transactions
Reconciliation of Reciprocal Transactions Screen Fields
| Fields | Description |
| Fiscal Year | Allows users to select fiscal year from drop down list. |
| Fiscal Period From | Mandatory field, allows to select the starting range of fiscal periods. |
| Fiscal Period To | Mandatory field allows to select the ending range of fiscal periods. |
| Consolidation Type | Allows user to select consolidation type from drop down list. |
| Status | Allows users to select the status of Reconciliation of Reciprocal Transactions from the drop down list. Possibe values are 'Active', 'Deleted', 'Reconciled'. |