Top level account without any type (or file links)
Liz
edodd at billiau.net
Tue May 15 16:53:06 EDT 2012
On Tue, 15 May 2012 04:43:08 -0700 (PDT)
"Dr. Muhammad Masroor Ali" <mmasroorali at cse.buet.ac.bd> wrote:
> While I plan to use this for the partnership scenario, actually I
> will have to manage three separate entities, each having a number of
> partners. The three entities have some kind of financial dependency
> among them and the intersection of partners among the three entities
> is non-null.
>
> So, I asked for the solution of top level account without any type
> not for a partnership entity, but for rather three moderately
> dependent partnership entities.
I'm not sure where you live, but in some jurisdictions, including mine,
you would need to keep separate [sets of] books for each partnership,
and each would file a separate tax return.
For example, I keep 4 sets on my computer to cover a number of family
entities. Each of those has a separate tax file.
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