--_008_DM6PR11MB47078324C09483B8D46E7EB8B7A49DM6PR11MB4707namp_ Content-Type: multipart/alternative; boundary="_000_DM6PR11MB47078324C09483B8D46E7EB8B7A49DM6PR11MB4707namp_" --_000_DM6PR11MB47078324C09483B8D46E7EB8B7A49DM6PR11MB4707namp_ Content-Type: text/plain; charset="us-ascii" Content-Transfer-Encoding: quoted-printable Hi Hua Here are the updated reports. Thanks Randi ________________________________ From: Hua Wu Sent: Wednesday, February 15, 2023 4:40 PM To: Randi Schapira ; Randi Schapira CPA CA Cc: Timothy Thomas Subject: Jan/23 Adjustment - Montreal Corporate employee salary allocation Hi Randi When you're back from your vacation, please record the adjustment in the at= tached excel in Montreal in January 2023. Starting 2023, we are told to ke= ep Tim's payroll and expenses in Montreal instead of allocating it to the C= anadian parent company. This means, his payroll and expenses will hit Montr= eal's P&L instead of being recorded to the intercompany account on the bala= nce sheet. I've gone through the GL detail for acct 1970 in the attached excel, and we= 'll need to adjust the $63K out of the intercompany account and into the P&= L. This includes the $40K severance for Tim Sr, which will need to be kept= in Montreal as well. Once the adjustment is made, please send me the updated BS, P&L, TB, Jan GL= , and Journal. Thanks for your help. Hua Wu CA, CPA Accounting Manager - Canada (403) 369-8848 hua.wu@thekey.com TheKey.com [TheKey] --_000_DM6PR11MB47078324C09483B8D46E7EB8B7A49DM6PR11MB4707namp_ Content-Type: text/html; charset="us-ascii" Content-Transfer-Encoding: quoted-printable P {margin-top:0;margin-bo= ttom:0;} Hi Hua Here are the updated reports. Thanks Randi From: Hua Wu <hua.wu@the= key.com> Sent: Wednesday, February 15, 2023 4:40 PM To: Randi Schapira <randischapira@gmail.com>; Randi Schapira C= PA CA <Randi@schapiraca.ca> Cc: Timothy Thomas <tt@thekey.com> Subject: Jan/23 Adjustment - Montreal Corporate employee salary allo= cation Hi Randi When you're back from your vacation, please record the adjustment in t= he attached excel in Montreal in January 2023. Starting 2023, we are = told to keep Tim's payroll and expenses in Montreal instead of allocating i= t to the Canadian parent company. This means, his payroll and expenses will hit Montreal's P&L instead of bei= ng recorded to the intercompany account on the balance sheet. I've gone through the GL detail for acct 1970 in the attached excel, a= nd we'll need to adjust the $63K out of the intercompany account and into t= he P&L. This includes the $40K severance for Tim Sr, which will n= eed to b