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What is consensus


m, a phrase of Arabic originconsensus; bIt is the identify given to the settlement reached between the events in fifty-one issues.

WHAT IS THE AGREEMENT?

m that means settlement, settlement, compatibilitythe that means of the phrase utabakat, It is known as compromise and conformity within the Turkish Language Establishment.

Reconciliation, which is additionally used within the area of accounting, is principally made for the concord of debit and credit score quantities between the pre-accounting models as a way to mutually affirm the information.


WHAT ARE THE TYPES OF AGREEMENT?

The agreements between the businesses are examined in two separate sections. These are as follows:

Present Settlement

It is the method that allows corporations working collectively to watch the debt-credit relationship between their present accounts and change details about this course of on the finish of the yr.

BA/BS Reconciliation

It is the shape during which the invoices (BA) acquired in an organization of 5 thousand TL or extra, excluding VAT, or the invoices (BS) issued and despatched by the corporate inside a month are declared.

What is consensus #2

#consensus

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