In today's interconnected business landscape, many companies operate through multiple branches or locations. While this expansion brings numerous advantages, it also creates the need for efficient and seamless transactions between these branches. This is where inter-branch transactions come into play. In this blog, we'll talk about the basics of inter-branch transactions, why they're important, and how companies can make them work better using RealBooks' simplified inter-branch transaction feature. What is Inter Branch accounting transactions? Inter-branch transactions, also known as inter-company transactions or branch transfers, include the transfer of goods, services, or money among various branches or locations of the same business. These transactions can take many different forms, such as the movement of inventory between branches to meet customer demand or maintain stock levels, the sharing of resources, such as staff or equipment, to increase efficiency and cut...