- This topic has 1 reply, 2 voices, and was last updated 9 years ago by .
Viewing 2 posts - 1 through 2 (of 2 total)
Viewing 2 posts - 1 through 2 (of 2 total)
- The topic ‘Parent company treatment’ is closed to new replies.
Interactive BPP books for September 2026 exams, recommended by OpenTuition.
Get discount code >>
Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA APM Exams › Parent company treatment
Hi,
I would very much appreciate any clarification on below:
Can a subsidiary lets say Entity A pay supplier invoice if the invoice is addressed to Parent company say Entity B? However, Entity A has budget and accounted cost.
Will this have any implication on VAT/Tax or anything else? What is the correct treatment?
Thanks
Nothing to do with P5.
