Hi there.
Whilst defining Value Set: Natural Account, what does its Segment Qualifier means for:
1) Third Party ControlAccount?
2) Reconcile?
Thank you.

I will be very brief here as this is a non-lesson related question. We have not discussed these topics yet.

Third Party Control accounts cannot be used in GL module. Payables and Receivables account are defined as control accounts. If one uses these accounts in GL module then that would make AP-GL and AR-GL reconciliation very challenging.

Journal reconciliation (new in R12) feature can only used for those accounts are that qualified as reconcilable accounts using.

Thank you for the explanation.