Interested to Buy Any Domain ? << Click Here >> for more details...
Why intercompany reconciliation
- 1 Answers
- 3708 Views
- Infosys, Renault, I also Faced
- E-Mail Answers
Answer / pravin ninawe
Intercomany reconciliation is reconciling between the two
branches of the same company located in multiple locations.
where as one branch acts as seller to other branch when
some product is moved from Branch A to B branch.
Eg:- when Branch A sends some products to Branch B then in
this case. Branch A becomes the seller and Branch B becomes
the purchaser.
Hence we need to reconcile between these two branches to
ensure the right figures appear on the financial statments
to the management
| Is This Answer Correct ? | 4 Yes | 1 No |
Machinary worth Rs 2000 and sold to Rs 1200. Bought new one Rs 4000 and carige inwards Rs 5 How many amount trafer to Capital a/c?
Topic contra entry; How to post cash withdrawn from bank for office work? the journals to be passed?
what are contingent liabilities?
when we give to payment for contractor what entry pass with tds?
who are bulls and bears investors
What is the meaning of GAPP?
12 Answers Ernst Young, Inventory,
Tell me what is tally accounting?
What is Deferred tax? What is the difference between current tax and deferred tax.give some example of deferred tax.
How can you made payment when bill come from vendor, what is the bills have you check.
Tell us do you have any professional experience of this field?
being a b.sc(biotechnology) student, am i eligible to work in accounting sector. If yes what all i need to do.???
FIC and Spadana spoorty companies had no time sense, so guyes plz dont go and attend for interviews i these compnies
Audit 
