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angelo-blabla-ap
Level 1

About the chart of accounts, what should we use on Quickbooks when we transfer the fund from the Singapore entity to its subsidiary in China?

 
1 Comment 1
Rajanikanth
Level 6

About the chart of accounts, what should we use on Quickbooks when we transfer the fund from the Singapore entity to its subsidiary in China?

Hi,  

Use the Expense screen and select Investment in Subsidiary China (Other Fixed Assets) as the Category and fill other details and hit Save.

 

Feel free to contact me for any clarifications.