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March 5, 2023
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.

  • March 5, 2023
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1 reply

March 22, 2023

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.