Intercompany Transactions in QuickBooks Online

Описание к видео Intercompany Transactions in QuickBooks Online

How to enter intercompany transactions in QuickBooks Online. This is for if you are handling multiple sets of financials under one company. This could be a real estate company using multiple LLC's per location for liability reasons, a company that owns multiple retail stores, restaurants, etc. We are essentially creating a loan account between the businesses to be paid back when either money is transferred from one business to the other or if expenses for one business are paid for via another business's money.

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Timestamps:
0:00 Who qualifies
1:00 Setting up the accounts
5:00 Behind the scenes of the debits & credits
7:30 How this transfers into qbo

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