What is the effect of bank statement reconciliation on Financial statements? — Cloud Customer Connect
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What is the effect of bank statement reconciliation on Financial statements?

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Summary:

Customer wants to know the effect of unreconciling a transaction on financial reporting.

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Hi All,

There is a specific query by customer on whether they can un reconcile a transaction in a closed period without changing anything on the financial statements (or reports) i.e. balance sheets and P/L statements.

Thanks

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