Accenture R2R Intercompany Journal Entries | Record to Report Intercompany Journal | Intercompany JE

Hey Everyone this is the final part of record to report interview questions and answers journal entries. I have covered Record to report intercompany journal entries in this final part. If you haven't checked the first two parts, do watch them and prepare for your interview.

Reach out to me for your specific Questions Comment:

[CorporateWala]

If you find this video helpful, do like👍 it and subscribe 💖to my channel this will motivate me to create similar videos in future as well 😉😊

[Frooti-lw]

Hi,
If US company is making a payment which belongs to an Indian subsidiary company then the journal will be
Intercompany Receivable (India) A/c Dr.
To Bank A/c
In the Indian company's Book, journal we will pass
Expense A/c Dr.
To Intercompany payable (USA) A/c

[fazalurrehaman]

Thank you soooo much.. Its simple and easy to understand

[azeezshaik]

Very clear and easy to understand
Thank You Sir

[nishadmp]

Great Video !! Explained everything very well. Thanks a lot.

[r.ahmad]

Can you please make a video with the example of stock transfer between inter companies.

[manusmitarout]

Thanks for the information.
How to answer if interviewer ask what is intercompany reconciliation? Will u kindly suggest.

[Dragonfly_]

Hi, can you please share some examples of intercompany transactions or journal entries for Fixed Assets

[ganeshgadekar]

Please Make Video on Fixed Asset, Accrual, Provision, Reserve, Transfer Pricing detailed Video with Example...

[prabhakarsaxena]

Thanks for making this....can you please make the video for the reconciliation part like bank, fixed assets etc

[JaveedAhamed-rqfo]

Bro this is really helpful very good job, try to post in English or Tamil bro..

[AkhilaErra]

Sir please do some entries on r to r in english.we are facing problem to understand the hindhi.if you do in english it would be helpful

[BalaMurugan-crbn]

Thank you for your video, please post it english 🙏😊

[phanindrakumarvavilala]

Excellent bro.. i have one doubt, in uk company they are already had transaction customer(a/c rec) to revenue a/c thats why uk received money from customer.. in india books why we have written uk ic a/c dr to revenue a/c cr.. revenue a/c will be double impact. Correct me.. i am in learning stage

[kushanali-zr]

If we do direct entry like
Bank a/c dr
To uk ic a/c

At the time of paying uk company

Uk ic a/c dr
To bank a/c

Is this correct ankit?

[sayakhalder]

Its ine type of rectification of errors or else journal proper

[bAsItvIrGo]

Mtcit entries:

Paid by mtcit on behalf of solvink

Expense a/c
Bank a/c

Booking receivable:

Solvink a/c
Expense a/c

Bank a/c
Solvink a/c


Solvink entire:

1:
At the time of payment no entire in solvink book

mtcit paid on behalf of solvink so solvink book payable

Expense a/c
Mtcit inter co a/c

2: paid to mtcit

Mtcit a/c
Solvink Bank a/c

[sarfarazalam]

Please share JE for other than inter company....

[amanraghuvanshi]

The first entry in u.s account . I told the interviewer. He said totally wrong.

[susmitasarkar]

Can you tell how these entries done in SAP?