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Netting and matching

This topic has 1 reply, 2 voices, and was last updated 5 years ago by John Moffat.

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November 29, 2020 at 9:17 am #596981
cadhakan
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- Topics: 71
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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.
November 30, 2020 at 9:39 am #597079
John Moffat
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- Topics: 57
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Netting 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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