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Mar 5, 2023 1:47 PM UTC
Question

I am wondering how to write off an inter-company loan? It is from reserves and should not affect profit and loss account. There is no physical transaction.

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1 reply

Mar 22, 2023 3:14 PM UTC

Hello Info-mbiproperty, thanks for posting on the Community page,  we would advise you speak to a trained and qualified Accountant on how best to record this in your account.