Intercompany Accounting Insights

What is Intercompany Accounting?

Intercompany accounting refers to the accounting processes for transactions between different entities within the same organization or corporate group. It ensures that financial reporting accurately reflects the group's overall performance by eliminating the effects of these internal transactions. This typically involves reconciliation of intercompany balances, transfer pricing, and consolidation adjustments to prevent double-counting of revenues and expenses.

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What other technologies are related to Intercompany Accounting?

Intercompany Accounting Complementary Technologies

Material Ledger

Material Ledger is a subledger in SAP that manages inventory at actual costs, which can be used in conjunction with Intercompany Accounting to provide more accurate profitability analysis across companies.

mentioned alongside Intercompany Accounting in 5% (51) of relevant job posts

SAP S/4HANA

SAP S/4HANA is an ERP system that contains Intercompany Accounting functionality. It provides the platform on which Intercompany Accounting operates, providing the underlying data and processes.

mentioned alongside Intercompany Accounting in 0% (74) of relevant job posts