Client has 4 operating companies. They are moving towards a common chart of accounts and will be using IC functionality.
For the IC AR & IC AP GL accounts client has asked if they should have 3 named IC AR & 3 named IC AP accounts in each company OR 1 common IC AR & IC AP account?
I am leaning towards 1 common IC AR & IC AP account in each company. Ledger entries in each account will identify which IC partner the transaction came from.
Any thoughts on how to setup?
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David Cameron
Microsoft Financial Consultant
Templer Group
ANCASTER ON
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