Intracompany trade

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Intracompany trade

Transactions between or among subsidiaries that are part of the same parent company.

Intracompany Trade

A transaction that occurs between two subsidiaries of the same parent company. For example, if a supplier sells to a retailer, and both are owned by the same conglomerate, this is said to be an intracompany transaction. It should not be confused with an intercompany transaction.
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nine years ago as part of an intra-company transaction valued at $2 million.
As such, it is simply a matter of self-interest for multinational firms to report abysmal profits by inflating intra-company transaction costs.
In accordance with the Generally Accepted Accounting Principles (US GAAP) this intra-company transaction will not affect the consolidated statement of income.
Additional enhancements will leverage emerging technologies such as links with object-oriented architectures to enable more rapid and efficient development solutions for intra-company transaction processing applications.
The CITE/Momen Group team successfully found the proper solution for automating all intercompany and intra-Company transactions between the Group subsidiaries, which encompass 5 companies, 43 fast food stores, 18 pizza stores and 3 dining restaurants.
The first step for a global firm should be doing an inventory of intra-company transactions, especially those involving affiliates in low-tax jurisdictions, Pena says.
While the government was investigating and analyzing the conduct the company disclosed, Bell submitted additional reports detailing similar intra-company transactions with Bell Helicopter Textron Canada Limited that resulted in overcharges.
The effects of intra-company transactions have been eliminated.
Popular modules include vertical specific applications, such as hotel management or warehousing, apparel, as well as functional add-ons such as sales management or intra-company transactions.
4 million in the comparable period of 2003, primarily as a result of the commencement of recording of revenues on intra-company transactions.
CHICAGO -- Fitch Ratings has withdrawn several ratings associated with Lincoln Financial Group due to the execution of a series of intra-company transactions early in the second quarter of 2007.
Recent intra-company transactions and inquiries for certain canned products would indicate that overall inventories are certainly not burdensome.

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