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  - What is the purpose of the opening and closing balances on GL Reconciliation?
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What is the purpose of the opening and closing balances on GL Reconciliation?

Modified on: Fri, 6 Jun, 2025 at 3:02 PM

The opening and closing balance fields are used to reflect the balances at the start and end of the reconciliation period. These fields help ensure that the reconciliation correctly tracks the movement of the account throughout the period.

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Why are opening and closing balances included in GL Reconciliation?

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