Announcement:
wanna exchange links? contact me at sapchatroom@gmail.com.
Posted by
Admin at
Sounds like a bank transfer with OBYA involved.
Though you need to review the business operations first. I would be a little concerned that a second entity (Cayman Islands) is taking the cash value from the originating entity.
Regards
Waza
| | | ---------------Original Message---------------
From: conniepernicone
Sent: Thursday, May 26, 2011 7:03 AM
Subject: Inter company entry or not
i am just taking over some of the accounting for a company that has gone months and not booked transactions. My issue is that a lot of the transactions were done by one entity but the final transactions need to be under a different legal entity. Example...entity A purchase the land and all deposits from equity investors came into that entity. Then a second entity was formed that should house all of this information.
Do I use a inter company account to move these transactions to the second entities book? |
| __.____._ Copyright © 2011 Toolbox.com and message author.
Toolbox.com 4343 N. Scottsdale Road Suite 280, Scottsdale, AZ 85251
| |  wnash7658
SAP Accounting Helper
Posted helpful replies on 50 threads in a group to earn a Silver Achievement Popular White Papers
In the Spotlight Visit IBM's Leveraging IT Services Briefing Center. Register now and learn how to deliver smarter security & resiliency.  _.____.__ |
