Questions on your suggestion that I copied below:
If I were to do it I would just write simple journal entries each month.
Company A: Debit AE account; Credit current liability account.
Company B: Debit current assets account; Credit bank account.
Co A: Isn't AE account already a current liability account? So what are you suggesting for the second one?
Co B: We know Bank account is a current asset account. So what are you suggesting for the second same?
Sometimes you jut have to explain to the biz owner what is required and they should respect your advice.
