• Unchecking "Save Transactions for Account Reconciliations"

    We very recently acquired a credit card account and I am doing the account recs on the credit card account thus far without issue... until now (we only have at this point, 4 credit card statements.)

    My question will be: should I just uncheck "Save Transactions…

  • Inter-company transactions - what are the general journal entries?

    If main company EFG Inc. pays for courier services for holding company OPQ Inc., what are the general journal entries to show that OPQ Inc. now owes EFG Inc., courier fees?

    If originally for EFG Inc.:

    Dr.     5640 Courier & Postage Expense               $10.24

    Dr…