Hi sir,
I am not able to understand the difference between this two words. Can you please explain me what is the difference between this two.
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Netting and matching
5y ago#1Netting is cancelling out a payment with a receipt so as to only convert the net amount.
Matching is having income and expense in the same currency.
I do explain both - with examples - in my free lectures on Chapter 23 of the free lecture notes.
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