Can a Subsidiary pay the Payroll of it Parent Company's Employees?

Question

Can a Subsidiary pay the payroll of it parent company's employees, given the employees are working with subsidiary. Consider that GOSI is being paid by parent .

Could this lead to any legal Complications ?

حمزة سفيان حسين أبو علي · Answer

.........Yes, you can

$10000(Debit / account dividend paid in advance ..... profit for the parent company (current assets)

$10000( (Credit / Bank

The total value of money paid EXP. salaries

////////////////////////////////////////////////// //////////////

Is31.12.2014

To prove the distribution of profits account

$10000(Debit / profit and loss account (income statement)

Credit / the distribution of profits to the parent company account $10000 FOR THE YEAR ENDED13/12/2014 ..... (Current Liabilities)

The value of the parent company's profits

////////////////////////////////////////////////// //////////////////////////

adjustment- To prove payment to the parent company

Debit / the distribution of profits to the parent company account$10000 FOR THE YEAR ENDED13/12/2014 ..... (Current Liabilities)

Credit / account dividend paid in advance ..... profit for the parent company $10000 (current assets) //ACC. receivables

Erick Ombaye · Answer

only with an authority from the parent company

Malsha Fernando · Answer

machine cannot replace human because machine assigned to do only specific work. If random mulfunction occur AI will failed to quick response

Shakil Jamal khatib · Answer

If rum well in organised way

Ali Slim · Answer

Yes, some they do pay it by a head office and then they charge to subsiduary.

narthan mtambo · Answer

most likely as production wont  be compromised with human deficiencies.

Ali Hasan · Answer

Not in the near future I would say. I do think however that the jobs of employees will change and that it is important to make sure your personnel is 'fit for the future'. Are they willing to change into an even more customer-orientated mindset to make sure your company is ready to offer the ultimate High Tech - Human Touch experience in the foreseeable future?

Utilisateur supprimé · Answer

No; however, you could contract an specific part of the job with an specialized Subsidiary.

Ramadhani Msuya · Answer

can be paid as it has been brought into the same company and the parent company will report it in its financial statement

Muhammad kamran Anwar · Answer

yes new generation super computer like Allians which contact the media on earth through different information resources it is possible

Sana Kakar · Answer

yes technology a nd machine age compition

Produits Par Bayt.com

Utilisez l'Appli de Bayt.com

Communiquez avec les autres et partagez vos connaissances professionnelles

Can a Subsidiary pay the Payroll of it Parent Company's Employees?

Recherches Populaires

More Questions Like This