Units expenses and incomes when only 1 bank account is there

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 December 2013 If a company has 2 units, and only one bank account of 1 unit, 2nd unit has no bank account, only one bank account pay and receive, then how to show payment and and reciepts of 2nd units expenses and incomes, which is recieve and paid by 1st unit..?

Rupesh Jain

Rupesh Jain (Expert)
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13 December 2013 in both unit you have to make one dummy bank a/c for 2nd unit receipt or payment transaction.

like that name of a/c

branch (name ) bank a/c

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