All Forum Posts by: Kimberlyn Flores
Kimberlyn Flores has started 1 posts and replied 2 times.
Post: Accounting: Intercompany or A/P , A/R
Kimberlyn FloresPosted
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How will those accounts than clear/reconcile?
Post: Accounting: Intercompany or A/P , A/R
Kimberlyn FloresPosted
- Posts 2
- Votes 0
Case: Management Company A pays expenses for vendors on behalf of Company B, eventually Company B needs to pay that money back. Which is the best way to record these transactions ; as a intercompany asset - intercompany liability or as A/P - A/R?