I have enabled threaded comments on the blog, which should help make conversations easier to read and follow. Thanks WordPress for this feature. I’ve been surprised, delighted and more recently unable to find time to keep up with the number of comments on the blog. Some stats:
I have 75 posts and 430 Approved comments
Average of almost 6 comments per post
Most active poster (after me) is Jake
Average of just over one comment per day since the blog started
Filed under: Intercompany
Stumble It!
Hi David, I work with a non-profit (501 c 3 ) organization that contracts marketing and some financial oversight to a UK company. We deal with international trade.
We take great measures to maintain arms distance. But, recently one of my staff called the companies relationship “intercompany” when it came to invoices. I don’t see how we can use this term if we are to strive for the arms-distance. Am I making a big deal out of something or should we avoid this term???
The invoice to this other entity is only Intercompany if you and that other entity are owned/controlled by a common ‘parent’. From what you tell me this seems not to be the case, so I’m not sure you need to worry.
In this post I define Intercompany as:
InterCompany Transactions are between two or more related internal legal entities with common control, i.e. in the same enterprise (Inter = Latin for “BETWEEN”)
Hi David, I work with a non-profit (501 c 3 ) organization that contracts marketing and some financial oversight to a UK company. We deal with international trade.