Blog

The real reasons intercompany receivables and payables disagree across entities — timing, foreign exchange, missing or one-sided entries, coding, and markups — plus a practical reconciliation workflow to close the gap before you consolidate.

What intercompany eliminations are, why they exist, the main types you will encounter — receivables and payables, revenue and expense, investment and equity, unrealized profit — and why every elimination should be a deliberate, confirmed decision.

A plain-English walkthrough of multi-entity consolidation — from mapping disparate charts of accounts to a combined worksheet, intercompany eliminations, non-controlling interest, and a consolidated total that ties.