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January 29, 2020
Question

Merging two compamies

  • January 29, 2020
  • 1 reply
  • 0 views

I have a client who wants to merge his two business entities together.   Not talking about reporting but a full merger of accounts, assets and liabilities and such.  Any advice on how to do this and some things I should and should not do for tax purposes.

1 reply

Fiat Lux - ASIA
January 30, 2020

imho, your best option is migrating one of it to another. Utilize the exporter and importer tool.

https://transactionpro.grsm.io/qbo

https://partners.saasant.com/affiliate/idevaffiliate.php?id=5051_2

 

Hope it helps.