Is there any automated process to absorbing a subs...
# accounting
m
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.
k
definitely no automated process.
m
That’s what I was afraid of, thank you. Just glad they told me in July and not December