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To ensure the integrity of financial data, accountants and bookkeepers rely on the generalledgeraccountreconciliation process. This process involves comparing generalledgeraccounts with supporting documents using reconciliation software to identify discrepancies and take corrective measures.
Chart of Accounts In this section, you’ll list the company’s generalledgeraccount names and numbers. This written record enables you to easily assign and maintain the company’s chart of accounts, which helps you eliminate duplicates while controlling a large volume of accounts.
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