Intercompany Journal Entries Interview Questions and Answer | Intercompany Accounting Corporate Wala

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[@roshanfodase8926]

It is a very informative thanks ankit

[@CorporateWala]

Glad to hear that

[@manojkumar-jw1ud]

Great insights. Can you make a video on intercompany reconciliation

[@swayamrohilla266]

Very help ful video thanks buddy 😊

[@CorporateWala]

Ur welcome 😇

[@abtv5384]

Helpful video

[@sreejithcjithu]

Very helpful. Thank you.

[@CorporateWala]

🫶🏻🫶🏻

[@yogeshpokhriyal3637]

Sir OTC profile m collection team m hu 6month experience h. m kya kya or new skills learn Karu future benefits k leyai please guide me.......

[@Love-dz1um]

Try to have exposure of customer data creation/ Billing process/ AR ageing/ highlighting any delays in AR recovery preferably in some pivot format along with reasons that why there has been delay and setting some timeline for regular reminders to account manager or customer for making payment would enhance your scope.
Please make sure that any interaction with customer or account manager shall be only after permission from your senior in written.

[@UCanLearn15]

Thank you so much. It would be very helpful for us. Can you make one video for IC reconciliation

[@ElizabethTayo-Ojo]

Thank you for this video. How do you eliminate these transactions at the end of the month such as the sale of inventory, transfer of asset, loan and interest payments please?

[@snehajaiswal8987]

Please help m try to mnc not clear any interview

[@raka840]

Yes its really difficult to crack R2R interview I am also trying for job having 5 years exp you can contact me in case help is required..on [e-mail]

[@lachorani3377]

Same here 😢

[@sreeharikr3526]

Wrt intercompany sales: Instead of crediting sales account in the book of selling company we should credit inventory account no?

[@varshabhardwaj6275]

Yes, same for the purchase account we shall debit the Inventory A/c

[@Love-dz1um]

I think you should cover the TDS entry on interest on IC loan in Indian scenario.
In IC transactions, in case of service industry there would be no inventory rather just billing for services and debit / credit notes in case X IC incurrs any expenditure on behalf of Y IC.
So, you can cover debit credit notes accounting.
You can cover IC differences and reconciliation..
Just ideas for one more video .
You are doing great job 👍

[@monysain6762]

This is informative thank you so much sir

[@CorporateWala]

Most 🤗 welcome 🤗

[@benzemathe8827]

@@CorporateWala
Sir you’re doing great job
The way you explain is just beyond amazing thanks sir

[@benzemathe8827]

@@CorporateWala and sir i want to give mock interview
How can i give ??

[@TheRockstarRT]

What will the Entry, if parent co..is paying rent for their Subsidiary company by transferring cash to subsidiary to pay it

[@CorporateWala]

In that case you need to pas journal entry of cash transfer to subsidiaries, and in books of subsidiary companies you will receive cash from parent company and other entry you will pass for rent payment, if it is clear, attempt all the entries in comments and if you will make any errors, I will be happy to help

[@shubhamagarwal9361]

Hello sir defination of interco ?

[@CorporateWala]

Check out my R2R playlist, i have covered it in other videos

[@Alonewarrior-Tiger]

Impressive

[@CorporateWala]

✌🏻

[@Indian-India24]

Do video on month end activities bank reconciliation and GL

[@CorporateWala]

I already have detailed video on Bank Reconciliation, pls check out on my channel

[@AcleiSaixn-bn2bg]

Ok Good job ...

[@CorporateWala]

Thank you! Cheers!

[@nishthachandna704]

Why use word "Revenue" ? We can use other words too. Any specific reason?

[@CorporateWala]

Yes you can use any reasonable substitute

[@jagdishchamat9567]

Can you put some insight on IC Sale Purchase in regard to Stock On Hand, COGS?

[@sjefshuda4034]

He forgot to make entry COGS on Inventory for Sales!

[@palaniprashanthi8143]

Can you share the aiC accrual alao

[@nandinisedamkar541]

Hello sir, how can i buy your books

[@CorporateWala]

hi please check my website corporatewala.in

[@AcleiSaixn-bn2bg]

What is Corporate wala...

[@muskanshaikh12170]

Can you please go slow when u make vidios

[@CorporateWala]

Okay will try to