Good day,
How do I set up an Inter company account to show as an asset for one company and a liability for the other company.
In other words, there are two companies under one group however the one company is paying for all the expenses of the other company as well? Revenue is also deposited in the one bank account, however it needs to be split between the two because a portion of the revenue belongs to the other company which has no bank account. How do I go about doing that?
