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jason416
Level 1

Merging two compamies

I have a client who wants to merge his two business entities together.   Not talking about reporting but a full merger of accounts, assets and liabilities and such.  Any advice on how to do this and some things I should and should not do for tax purposes.

1 Comment 1
Fiat Lux - ASIA
Level 15

Merging two compamies

imho, your best option is migrating one of it to another. Utilize the exporter and importer tool.

https://transactionpro.grsm.io/qbo

https://partners.saasant.com/affiliate/idevaffiliate.php?id=5051_2

 

Hope it helps.