Quickbooks Online- Transferring Funds between Entities

In this episode, Nick Baldo dives into managing multiple business entities in QuickBooks. He discusses the benefits of unified management, the downsides of the transfer function, and how to utilize journal entries for intercompany transactions. He also covers balance sheet adjustments, setting up intercompany loan accounts, and common challenges faced. The episode concludes with a word from our sponsor, Real Estate Accounting Boot Camp.