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What is the difference between Intra company and Inter company accounting?
Wiki User
∙ 9y ago
An intracompany is a business managed by a manager acting as an entrepreneur. An intercompany is a company that has many different divisions.
Wiki User
∙ 9y ago
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What is the difference between branch accounting and inter company accounting?
The process of keeping track of all transactions within a corporation is known as " branch accounting." Branch accounting is crucial since it allows you to see how much money your firm has and what they're doing with it. Branch accounting is also useful for calculating taxes because it may demonstrate where profits come from. Source Url: Norwayoffice.biz Intercompany accounting, on the other hand, deals with cross-border transactions between corporations. If Company A purchases goods from Company B in another country, for example, Company A would.
What is inter-company account?
Account set up for transactions between companies to charge back expenses occured by one company but relate to another company, which you charge back to. BM
Uses of ratio analysis?
The ratio analysis is useful for inter firm comparison which basically implies that a company compares its performance with that of its industry peers. Ratio analysis is very important in simplifying the accounting figures to make then understandable to a common man.
Can a parent company lend to its subsidiary?
yes, usually an inter-group financing dept handles these transactions. it is found on the sunsidiary balance sheet as due to related party.
The purpose of consolidated financial statement?
To understand the position of the group as a whole and also the inter flow of funds between parent and subsidiary companies.
What is the difference between branch accounting and inter company accounting?
The process of keeping track of all transactions within a corporation is known as " branch accounting." Branch accounting is crucial since it allows you to see how much money your firm has and what they're doing with it. Branch accounting is also useful for calculating taxes because it may demonstrate where profits come from. Source Url: Norwayoffice.biz Intercompany accounting, on the other hand, deals with cross-border transactions between corporations. If Company A purchases goods from Company B in another country, for example, Company A would.
What is the difference between inter-company and intra-company?
Inter company transaction is between two or more related legal entities while intra company transaction is within the same legal entity.
What difference between intra and inter?
Intra is within inter is between
What is inter-regional planning?
state the difference between inter and intra regional planning development
What is the difference between inter mail and intra mail?
intramail
Inter relationship between engineering and business functions of an engineering company?
no
What do you call the difference between the 1st and 3rd quartiles?
The inter-quartile range.
What are the differences between inter-firm and intra-firm?
'Inter' & @Intra' are Latin based prefixes . 'Inter' means between two different firms. 'Intra' means between two different departments with in one firm.
What is the difference between social and interhuman?
There is a very slight difference between social and inter-human relationship. While social relationships extent to a large community, inter-human relationships are limited to two participants that are involved in dialogue.
What is the difference in real football between Milan?
Milan-AC Milan,Milano-Inter
What is the difference between intra and inter?
'Intra' means inside of something i.e., 'intraoffice dating' means you are dating someone from inside the same office that you work in. 'Inter' means between two things i.e., 'interoffice dating' means that you are dating someone from a the same company but in an office different from the one you currently work in.
what is the difference between a 1995 and 1999 Suzuki intruder vs1400 gas tanks are they inter changeable?
Suzki
