Inter company

Dear all ,

please confirm inter company payables are comes under current liabilities or Non current liabilities?
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Quick Summary
This discussion clarifies the accounting treatment for intercompany payables. Generally, intercompany payables should be classified as current liabilities. However, if a loan outstanding between companies exceeds one year, it should be presented as a non-current liability.

Show under current liabilities

Thanks sourav ,

what if loan outstanding is More than a Year ?

Then it will be shown under non current liabilities
Inter Company payable to be shown as Current liability.
Loan required to shown as borrowing, short long as the case may be

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