ledger group for holding co in the books of subsi co.
This query is : Resolved
18 January 2011
Dear experts,
We have formed a 100% subsidiary co. in dubai.
while making entries in subsidiary company under what group i keep the ledger of holding company?
waiting for reply,
Thanks in advacne,
Regards,
Sushil.
We have formed a 100% subsidiary co. in dubai.
while making entries in subsidiary company under what group i keep the ledger of holding company?
waiting for reply,
Thanks in advacne,
Regards,
Sushil.
25 January 2011
The group is depended on the nature of transaction. for example if you have purchase the goods then open in the group sundry creditor.
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