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H
HM-Bookkeeper-UK
August 2, 2023
Question

Intercompany Transactions

  • August 2, 2023
  • 1 reply
  • 0 views

Hi,

 

Director of Company A used it's Current Account Debit Card to Pay Company B's Amex Bill by mistake. The accountant suggested to do an Intercompany Transfer to rectify the mistake, but gave no direction as to how to do this on Quickbooks Online. Please help!

 

Thanks. 

1 reply

G
GeorgiaC
August 2, 2023

Hi HM-Bookkeeper-UK

 

There isn't a standard procedure for recording intercompany transactions in QuickBooks Online, so we'd recommend contacting your accountant for assistance with this to ensure it is posted to the correct accounts. 🙂

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