Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


What is Inter Company Reconciliation?

Answers were Sorted based on User's Feedback



What is Inter Company Reconciliation?..

Answer / dinesh

Not only confirming the balance. Its a book closure
activity enlightning the true and fair view of Balance
Sheet and Income Statement. E.g. I sold to my down
company. Will shown this is my outstanding income or
asset. Hence balance should make it to zero while
preparing the balance sheet and income statement

Is This Answer Correct ?    9 Yes 7 No

What is Inter Company Reconciliation?..

Answer / raj

Transaction that takes place between two entities of same
company is simply called as intercompany. Reconciliation of
inter company means that reconciling the books of both the
entities and making the balances to be zero by internal
adjustment,making sure that there is no any cash
transactions takes place between both the entires its just
an adjustment between two entities.

Is This Answer Correct ?    25 Yes 24 No

What is Inter Company Reconciliation?..

Answer / edmore

inform me

Is This Answer Correct ?    1 Yes 1 No

Post New Answer

More Taxation Interview Questions

how tds is calculated?

1 Answers  


Who is an assesse?

1 Answers   OPI Global,


What is TAN, TAN, PAN, DIN and what are uses of these in any company/organization/firm. pl tell me

10 Answers   DOEACC,


if a buyer paid full cst 14.5% for a redistrable assect then whatis the registration process?

0 Answers  


Please help me to find VAT Rates of the follwing Items in A.P 1.Fiber Glass -CSM -Roving W.R Polyster Resin G.P{general purpose)Roofing,ISO Thanks & Regards Mohan .V

0 Answers  


Is sales against H Form Either in Punjab or out of Punjab treated as Zero rated sales in vat 15 form in Window showing as Break up of Zero rated sales: Direct export out of country; Sales against H Forms Or it is treated as seprate

0 Answers  


my tds has been deducted for financial year 2008-2009,will i get tds certificate for that and when,what is the use of the certificate

1 Answers  


V R MAKING COMMERCIAL CUM EXCISE INVOICE,THEN HOW INVOICE NUMBER CAN BE GIVEN COMBINDLY OF TAX INVOICE/RETAIL INVOICE AND EXCISE INVOICE.

2 Answers   Jade Software,


Sir Kindly tell me Where is the best institute fir SAP(FICO-CIN and New GL module specially) in Hyderabad ASAP. Regards Om 9910699167

0 Answers  


what is TDS

7 Answers   Capital IQ,


What is RG1 Register, why we make this register and which items shown in this register,

1 Answers  


Is VAT & CST should be charged on Freight charges or not.

15 Answers   LGC Promochem, Rajat Cement, RCC Laboratories India Private Limited,


Categories