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How does a Balance being cleared off using Accretion — Cloud Customer Connect
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How does a Balance being cleared off using Accretion

edited Nov 30, 2018 7:48AM in Account Reconciliation


Would like to ask, how does the balance is being cleared off when there is an accreted transaction?

In Amortization, ending amount is being reduced to 0. In Accretion, ending amount starts at 0 and adds up every period by the amortization amount. Is there a possibility that the accretion will be reduced to 0 as well?


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