What is Intercompany Accounting?
What does 'Intercompany Accounting' mean?
Groups made up of several legal entities routinely trade with themselves, moving stock, services, loans or shared costs between subsidiaries. Intercompany accounting records both sides of these transactions, keeps the matching balances in step, and eliminates them during consolidation so that internal activity is not counted as revenue or expense in the group's reported figures.
List of software with Intercompany Accounting functionality
About the reviewer
Rajat Gupta is the founder of Spotsaas. Over the past two years, he has reviewed 2,000+ tools across CRM, HR, AI, and finance — applying hands-on product research and a background in commerce and the CFA program to evaluate software through a business and ROI lens. His goal: help teams make software decisions they won't regret.
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