LearningCat: Consolidation of Branch Accounts

Eliminating Inter-Branch Transactions
In business, managing deals between different parts of a company can be more difficult than it looks. Inter-branch transactions are regular cash exchanges that occur between different branches of the same business. In India, these deals can cause significant problems, both money-wise and in how things run. What if we could get rid of these […]
Adjustments for Consolidation of Branch Accounts
Today, banks are not merely a single structure located in a single location. They are dispersed across cities, states, and even countries. Every branch maintains its own books and records; however, adjustments are necessary when it comes to consolidating all of those distinct accounts into a single, unified financial report. If you believe that is […]