Intercompany Matching & Eliminations

The problem

Every entity books the intercompany side in its own time and its own currency. The group team discovers the differences only when the consolidation does not balance, and then spends days on emails to find which side is wrong.

What we build

A matching layer that pairs intercompany balances by counterparty, currency and period, flags every mismatch with its age and size, and generates the elimination entries for the matched part. The unmatched part lands on a visible suspense line rather than disappearing into a plug, so the group number is honest about what is still open.

What you receive

• Intercompany matching rules, agreed with your team
• Mismatch report by entity pair, with ageing
• Elimination journal generated from matched balances
• Suspense line for unreconciled differences, always visible
• Month-end checklist for the IC step

What we need from you

Intercompany account codes per entity, the counterparty mapping (who trades with whom), and a few months of balances. A sample from two entities is enough for the prototype.

How it runs

1. 1 · Understand
2. 2 · Map
3. 3 · Build
4. 4 · Validate
5. 5 · Train & hand over