Finance

Have finance questions? Ask a financial expert online.

Connect one-on-one with {0} who will answer your question

Related Finance Questions
I am working for a company and completing quickbooks
I am working for a company and completing quickbooks transactions. The company is in the process of a sale and the manager is requesting me to update the outstanding accounts payable balance of a subs… read more
Emilee Weaver
Emilee Weaver
Controller
Masters of Professional Accounting
124 satisfied customers
If you have a company, call it a parent company, and the
If you have a company, call it a parent company, and the company has three products and sets up a separate sub-company for each product, selling complimentary products and services. Could each of the … read more
Alexander Efros
Alexander Efros
Financial Planner/Tax Specialist
Masters of Business Administration (MBA)
1,195 satisfied customers
I started a new general contracting business that will need
I started a new general contracting business that will need Approximately 20-$30,000.00 in capital to find my first spec home before compensation (draws) from the Bank. I will be 20-$30,000.00 behind … read more
Mark Taylor
Mark Taylor
Certified Public Accountant
Masters
2,539 satisfied customers
I am looking for an answer to my questions> is that a proper
I am looking for an answer to my questions> is that a proper set up and accounting. I have a parent company that pays for factory overhead expenses for two companies ( the ower is the same for all three ) and for one company that the ower is totaly diffrent. The companies transfer 40% of thair sales to parent company to pay those general expenses and the rest stays in as profit to the owner. the ower thinks about the subsidieris as totaly separate companies but from my side it is not true. Are we recording the same 40% profit twice and pay taxes on it? Can the parent company realy pay for subsdieris expenses if they are owned by the same owner? … read more
Amanda Russell
Amanda Russell
Accounting Tax & Profit Strategist
Master's Degree
12 satisfied customers
For ABC Accounting only. If that's not you, please don't
For ABC Accounting only. If that's not you, please don't respond. I'm still having a bit of a problem with entering stuff in Quickbooks. My accounts payable says 21,718.02, when it should be 12,408.51… read more
ABC Accounting Group
ABC Accounting Group
Bachelor's Degree
959 satisfied customers
I have a question about when a USA subsidiary corporation
Hi I have a question about when a USA subsidiary corporation should be concerned about doing a Transfer Pricing Study.In my case, I am helping a US subsidiary who has ongoing intercompany transactions… read more
Lev
Lev
Retired
Bachelor's Degree Equivalent
34,096 satisfied customers
How do we classify loans in Quickbooks Online in the Chart
How do we classify loans in Quickbooks Online in the Chart of Accounts along with the repayment of them? We have a working capital loan in which the bank deposits the loan into our account and does a … read more
Emilee Weaver
Emilee Weaver
Controller
Masters of Professional Accounting
124 satisfied customers
CONTEXT: I have a real estate loan that includes purchase +
CONTEXT: I have a real estate loan that includes purchase + rehab, but the rehab portion is held back by the lender and accessed via draw requests. I pay interest on the full amount held back or not. … read more
PDtax
PDtax
Owner
Master's Degree
5,210 satisfied customers
I use Freshbooks. From time to time I track time to a
I use Freshbooks. From time to time I track time to a project that winds up going nowhere. So I have 30min here, 15min there etc. of time that I don't see the sense in billing the respective clients a… read more
Angie
Angie
Bookkeeper, Tax Preparer, Office Manager
395 satisfied customers
Last year (2013) our firm (US based C Corp) opened a Ltd in
Last year (2013) our firm (US based C Corp) opened a Ltd in the UK as a wholly owned subsidiary. Both firms use QuickBooks to maintain their accounts in their functional currency and the group consoli… read more
BK-CPA
BK-CPA
Bachelor's Degree
919 satisfied customers
How to handle payments from parent company funding.
How to handle payments from parent company funding. Subsidiary company will send invoices to parent company funds. How to code these transactions. Will it be treated as Accounts receivables or is ther… read more
PDtax
PDtax
Owner
Master's Degree
5,210 satisfied customers
We have a holding company. We do payroll for two of our holding
We have a holding company. We do payroll for two of our holding companies through an outside payroll service. The transaction is basically Accounts Payable credit to pay the payroll service for the en… read more
Dave CPA
Dave CPA
Accountant
Master's Degree
231 satisfied customers
A Question for Charles Greiner, Certified Public Accountant
A Question for Charles Greiner, Certified Public Accountant (CPA). Here is the scenario. A business was an LLC- sole but we decided to covert to an LLC - S Corp for 2011 retroactively.. His business h… read more
rgb02a
rgb02a
Chief Financial Officer
Bachelor's Degree
16 satisfied customers
I have a complex accounting entry that I cannot solve. Please
I have a complex accounting entry that I cannot solve. Please help me; I have fallen and can't get up. I buy debt in all state. I have a broker that sells the debt I don't want to keep (called a flip)… read more
Dave CPA
Dave CPA
Accountant
Master's Degree
231 satisfied customers
Dear Sir or Madam, I have a question on Branch Accounting
Dear Sir or Madam, I have a question on Branch Accounting Party P: Head office California S Corp Party B: International branch office B has its own financial statement. Since B is branch office to P, … read more
Rakhi Vasavada
Rakhi Vasavada
Financial and Legal Consultant
Bachelor's Degree
2,614 satisfied customers
Parent Co holds 80 percent of the common stock of Subsidiary
Parent Co holds 80 percent of the common stock of Subsidiary Co. In the current year, Parent reports sales of $5,000,000 and cost of goods sold of $3,500,000. For the same period, Subsidiary has sales… read more
Anita L. Eisthen, CFA, CPA, MBA
Anita L. Eisthen, CFA, CPA, MBA
Owner and Chief Investment Officer
Master's Degree
83 satisfied customers
I recently joined an organization as a project accountant in
I recently joined an organization as a project accountant in the telecom division after being out of work for 2 years. Some of the projects I am going to be working on use billings-based revenue recog… read more
Milan Vaishnav
Milan Vaishnav
Consulting Technical Analyst
Bachelor's Degree
536 satisfied customers
If a subsidiary receives a loan from the parent company to
If a subsidiary receives a loan from the parent company to complete a construction project, can the subsidiary capitalize the interest on the loan? Would'nt this need to be removed during intercompany… read more
Milan Vaishnav
Milan Vaishnav
Consulting Technical Analyst
Bachelor's Degree
536 satisfied customers
Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

JustAnswer in the News:

Ask-a-doc Web sites: If you've got a quick question, you can try to get an answer from sites that say they have various specialists on hand to give quick answers... Justanswer.com.
JustAnswer.com...has seen a spike since October in legal questions from readers about layoffs, unemployment and severance.
Web sites like justanswer.com/legal
...leave nothing to chance.
Traffic on JustAnswer rose 14 percent...and had nearly 400,000 page views in 30 days...inquiries related to stress, high blood pressure, drinking and heart pain jumped 33 percent.
Tory Johnson, GMA Workplace Contributor, discusses work-from-home jobs, such as JustAnswer in which verified Experts answer people’s questions.
I will tell you that...the things you have to go through to be an Expert are quite rigorous.

What Customers are Saying:

I really was impressed with the prompt response. Your expert was not only a tax expert, but a people expert!!! Her genuine and caring attitude came across in her response...

T.G.WMatteson, IL

I WON!!! I just wanted you to know that your original answer gave me the courage and confidence to go into yesterday's audit ready to fight.

BonnieChesnee, SC

Great service. Answered my complex tax question in detail and provided a lot of additional useful information for my specific situation.

JohnMinneapolis, MN

Excellent information, very quick reply. The experts really take the time to address your questions, it is well worth the fee, for the peace of mind they can provide you with.

OrvilleHesperia, California

Wonderful service, prompt, efficient, and accurate. Couldn't have asked for more. I cannot thank you enough for your help.

Mary C.Freshfield, Liverpool, UK

This expert is wonderful. They truly know what they are talking about, and they actually care about you. They really helped put my nerves at ease. Thank you so much!!!!

AlexLos Angeles, CA

Thank you for all your help. It is nice to know that this service is here for people like myself, who need answers fast and are not sure who to consult.

GPHesperia, CA

< Previous | Next >

Meet the Experts:

Rakhi Vasavada

Rakhi Vasavada

Financial and Legal Consultant

2,614 satisfied customers

Graduated in law with Emphasis on Finance and have have been working in financial sector for over 12 Years

Megan C

Megan C

Certified Public Accountant (CPA)

2,225 satisfied customers

Licensed CPA, CFE, CMA, CGMA who teaches accounting courses at Master's Level

Manal Elkhoshkhany

Manal Elkhoshkhany

Tutor

1,989 satisfied customers

More than 5000 online tutoring sessions.

JKCPA

JKCPA

CPA

844 satisfied customers

Bachelors degree and CPA with Accounting experience.

R. Klein, EA

R. Klein, EA

Accountant

490 satisfied customers

TurboTax Expert. QuickBooks Certified Pro Advisor

Dave CPA

Dave CPA

Accountant

231 satisfied customers

I'm a CPA with over 10 years of experience

ConceptsCoach

ConceptsCoach

Certified Public Accountant (CPA)

171 satisfied customers

Chartered Accountant and MBA

< Previous | Next >

Disclaimer: Information in questions, answers, and other posts on this site ("Posts") comes from individual users, not JustAnswer; JustAnswer is not responsible for Posts. Posts are for general information, are not intended to substitute for informed professional advice (medical, legal, veterinary, financial, etc.), or to establish a professional-client relationship. The site and services are provided "as is" with no warranty or representations by JustAnswer regarding the qualifications of Experts. To see what credentials have been verified by a third-party service, please click on the "Verified" symbol in some Experts' profiles. JustAnswer is not intended or designed for EMERGENCY questions which should be directed immediately by telephone or in-person to qualified professionals.

Show MoreShow Less

Ask Your Question

x