Enterprise resource planning (ERP) CRM Question:
Download Questions PDF

What is the use of Rec.account and open item management, for which account we?

Answer:

Reconciliation is nothing but a link between gl acccounts and sub ledger.with out this link we can't post directly in sub ledgers. it will not update our gl accounts.

open item management is used to clear the outstandings. in this method we can clear full payment, partial payment, or residual payment.

Download ERP CRM Interview Questions And Answers PDF

Previous QuestionNext Question
What is the Meaning of up to docs in APP and what is the use of it?What is the use of Relevant to Cash Flow filed in GL account?