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What is the definition of intercompany?
The definition of intercompany is a number of individuals assembled or associated together. It can also mean an assemblage of people for social purposes.
If two separate companies have the same owner can there be an intercompany account between the two?
Yes you will have intercompany entries as they are separate legal entities
When do you use intercompany accounts?
To record transactions between related companies
What is intercompany market?
The intercompany involves direct lending between companies. The supply of funds in the intercompany market comes from companies that have cash flows surplus to their current requirements. The demand for funds comes from companies who do not have cash flows sufficient to meet their current obligations. Given the nature of trading within the market, it is regarded as an example of a money market.
What account type is an intercompany account on the chart of accounts?
Other Debtors account
One word for collection of journals?
A library of journals, an anthology of journals...
Why do we emphasis the philosophy of Intercompany vs intracompany?
Emphasizing the philosophy of intercompany vs intracompany relationships is important because it helps organizations understand the dynamics between different entities within a group or conglomerate. Intercompany focuses on relationships between separate legal entities, highlighting issues such as transfer pricing and intercompany transactions, while intracompany emphasizes relationships within the same legal entity, focusing on organization-wide collaboration and communication. Understanding and managing these relationships is crucial for effective decision-making, financial reporting, and overall business performance.
What kind of journals are in Australia?
Journals in Australia are just same as Indian journals.
What type of account is intercompany?
An intercompany account is a type of account used in accounting to record transactions between two or more entities that are part of the same corporate group or parent company. These accounts help manage and track financial exchanges such as loans, sales, or services rendered between subsidiaries. Intercompany accounts are essential for consolidating financial statements and ensuring that transactions are accurately reflected in the overall financial position of the corporate group.
What is Other names for Scholarly Journals?
A peer-reviewed journal is also called a refereed journal.
Which medical journals are index in pubmed?
Journals that are index in pubmed would be the journals of the doctors and nurses.
Similarities between books and journals?
Books are made to be read; journals aren't. Books are published; journals aren't. Journals are used to take notes in; books aren't. You can learn something from books; usually you can't from journals. Books can be made for enjoyment; journals aren't. (kind of--be careful with this one) Books can be made for a variety of ages; journals can't.
