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January 21, 2021
Question

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?

  • January 21, 2021
  • 1 reply
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1 reply

Rajanikanth
April 3, 2021

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.