Did you like how we did? Rate your experience!

4.5

satisfied

46 votes

How do I record dividend income from subsidiary and management fees?

You record it as dividend income from subsidiary and Fees from Subsidiary as if it were from an independent company ( but keep it segregated from other fees and dividend income). IF you prepare consolidated financial statements, then in the consolidation worksheet, the fees and dividends will be eliminated in the consolidation entries ( which are NOT booked). If you dont prepare consolidated financials, then things are just ducky.

100%
Loading, please wait...