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Intercompany Journal Entry

Intercompany journal entries record related-entity transactions. Automation applies rules and maintains documentation.
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What is an Intercompany Journal Entry?

An intercompany journal entry is an accounting entry that records a transaction between related entities. Examples include intercompany service charges, management fees, or transfer pricing adjustments. Automated intercompany entries apply defined rules, maintain supporting documentation, and generate eliminations.

See also
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Intercompany Invoice

Intercompany invoices bill related entities. Automation generates invoices and tracks matching and payment.
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Intercompany Reconciliation

Intercompany reconciliation matches related-entity records. Automation identifies differences and timing issues.