Reconciliation of Cost and Financial Accounts

Reconciliation of Cost and Financial Accounts

Introduction of Reconciliation of Cost and Financial Accounts Cost accounts are maintained independent of financial accounts. These two accounts have different aims to fulfill. In the financial account, expenses are recorded in a subjective form, that is, according to their nature in a strict sense of the term. On the other hand, the cost accounts …

Reconciliation of Cost and Financial Accounts Read More »

Scroll to Top