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Intercompany Reconciliation

Reconcile what one group company records as receivable from another against what the other records as payable, adjusting for in-transit items, FX differences and disputed amounts.

AnalysesGratuit — sans inscription

Données vérifiées · juillet 2026

What counts as a genuinely disputed item?

An amount the two entities actively disagree on — a rejected invoice, a pricing dispute — as opposed to a simple timing difference that will clear itself once both ledgers catch up.

Source : Standard group month-end close practice — intercompany reconciliation; FRS 102 / IFRS 10 group accounting — elimination of intercompany balances on consolidation, 2025/26. · mise à jour 2026

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Tout savoir sur Intercompany Reconciliation

📋Présentation+

Compares Company A's recorded receivable from Company B against Company B's recorded payable, then adjusts B's payable for known timing differences — invoices A has raised that B hasn't booked yet, and payments B has made that A hasn't received yet — plus any FX translation difference. Whatever remains after setting aside genuinely disputed items is the unexplained difference that needs investigating before consolidation elimination.

💡 Bonnes pratiques

  • Always identify in-transit items and FX differences before writing anything off as 'disputed' — most apparent breaks are timing, not genuine disagreement.
  • A small non-zero unexplained difference after adjustments is common due to rounding — the tolerance here is set at half a penny.
  • Keep a running log of disputed items across periods — an item still open after several months is a sign of a process issue, not just a timing lag.

🔢 Exemple concret

Company A shows £50,000 receivable from B; B shows £45,000 payable, with £4,000 of invoices in transit and £1,000 FX difference: the adjusted payable comes to £50,000, matching A's receivable exactly — reconciled.

📖Guide d'utilisation+

Comment utiliser ce calculateur

  1. 1

    Enter Company A's receivable balance and Company B's payable balance from B's own ledger.

  2. 2

    Add any items in transit: invoices A raised that B hasn't booked, and payments B made that A hasn't received.

  3. 3

    Add any FX translation difference and any amount already flagged as disputed between the two entities.

  4. 4

    Read the adjusted payable, the unexplained difference, and whether the balances are reconciled.

📚Glossaire+
In-transit items
Timing differences where one entity has recorded a transaction (an invoice raised, a payment made) that the counterparty hasn't yet booked in its own ledger — normal in any month-end close, but must be identified and excluded from the 'real' difference.
Unexplained difference
What remains between the two entities' balances after accounting for in-transit items, FX differences and disputed items — anything non-zero here needs further investigation before the balances can be eliminated on consolidation.
ℹ️Sources & MAJ+
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Dernière mise à jour des données

7 juillet 2026

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Sources et références

Standard group month-end close practice — intercompany reconciliation; FRS 102 / IFRS 10 group accounting — elimination of intercompany balances on consolidation, 2025/26.

Les données de ce calculateur sont mises à jour régulièrement pour refléter les derniers barèmes officiels. En cas de doute, consultez les sources officielles mentionnées ci-dessus.

FAQ — Intercompany Reconciliation

What counts as a genuinely disputed item?+

An amount the two entities actively disagree on — a rejected invoice, a pricing dispute — as opposed to a simple timing difference that will clear itself once both ledgers catch up.

Why does the reconciliation matter for consolidation?+

Intercompany balances must be eliminated when consolidating group accounts. An unreconciled difference means the elimination entry won't net to zero, distorting the consolidated balance sheet until it's resolved.

Calculateurs liés

Formations liées

Intercompany Reconciliation 2026 — Calculateur gratuit — ActioFin