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R
Rbutton01
March 12, 2019
Question

How do I record an intercompany transfer?

  • March 12, 2019
  • 1 reply
  • 0 views

I have a manager who salary is paid by two of our companies.  I would like to know what is the best practice.  The employee is on salary, example $50,000.  Company A will pay $25,000 and Company B will pay $25,000.  Or is it better to have Company A pay for the $50,000 and Company B reimburse Company A?  

1 reply

Rustler
Rustler
March 13, 2019
@Rbutton01 wrote:

  Or is it better to have Company A pay for the $50,000 and Company B reimburse Company A?  

yes

    R
    Rbutton01Author
    March 13, 2019

    Thanks for the response.  If Company B pays back Company A, I would have Company A invoice Company B?  

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