👉 Prereconciliation refers to a situation where two or more parties involved in a transaction have not reached an agreement yet. This could be due to misunderstandings, lack of communication, or other issues that prevent them from reaching a final agreement. In this scenario, one party may continue to press for their own terms, while another party is hesitant to make concessions and continues to insist on their original demands. The transaction may be incomplete, as neither side has fully resolved the issue, and both parties are unable