Is there any automated process to absorbing a subsidiary into the parent, or do we just have to do journal entries to transfer the balances? We dont have AR to transfer but we do have fixed assets and expenses with Amortization schedules to move.
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KevinJ of Kansas
07/27/2021, 5:45 PM
definitely no automated process.
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Muzzyelk
07/27/2021, 6:43 PM
That’s what I was afraid of, thank you. Just glad they told me in July and not December