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Jul 24, 2024 1:04 PM UTC
Question

how to transfer inventory items to a subsidairy as an investment in subsidary

Hello Everyone, 

 

i have been having challenges on how to best treat a couple of inventories the entity sells in its course of is business and now, the entity setup a wholly owned subsidiary and move some of its inventory to the new sub as per of the investment  how do i go about on quickbook in terms of transferring from Inventory to Investment in subsidary. Thank you