Map the relationship
Connect authorized companies and map the due-to and due-from accounts used between them.
INTERCOMPANY ACCOUNTING
Two companies.
One clear view of both sides.
Map intercompany accounts, compare balances and prepare balanced multi-company journals through approval. Find the difference before it becomes a month-end chase.
Discuss your groupOne group. Both sides visible.AS-OF VIEW
Alder Services
Due from Alder Studio
$1,250.00Alder Studio
Due to Alder Services
$1,250.00 Matching balances · Difference $0.00
Review the entries in each company
FROM DIFFERENCE TO DECISION
See what agrees.
Investigate what doesn’t.
Each company keeps its own QuickBooks books. BooksAI brings the relevant relationships into a shared accounting workflow.
Reconcile as of a date
Review paired balances and differences. Check timing, missing entries, mappings and currency before correcting the books.
Review every leg
Prepare the entries, check each company and approve the work. Inspect posting results and resolve any incomplete leg.
A REAL ACCOUNTING SITUATION
One company pays.
Another owns the cost.
Alder Services pays a $1,250 software bill on behalf of Alder Studio. The companies need matching intercompany balances, while the expense belongs to Studio.
BooksAI helps your team review the relationship and the proposed entries. The illustration below simplifies a single USD transaction with no tax or foreign-exchange effects.
THE HUMAN DECISION
“Is this Studio’s expense, and are both intercompany accounts mapped correctly?”
Review the source, ownership of the cost and both company entries before approving.
ILLUSTRATIVE JOURNAL · USD
Balanced in each company.
Visible across the group.
| Company | Account | Debit | Credit |
|---|---|---|---|
| Alder Services | Due from Alder Studio | 1,250.00 | — |
| Alder Services | Bank | — | 1,250.00 |
| Alder Studio | Software expense | 1,250.00 | — |
| Alder Studio | Due to Alder Services | — | 1,250.00 |
Fictional example of the economic effect, not a second entry to post if the original payment is already recorded. Your accountant chooses the appropriate workflow. Intercompany reconciliation does not by itself complete consolidation, eliminate every balance or settle money. Currency, tax and partial-posting exceptions need review.
BOOKSAI · BY SUMPULSE SOFTWARE INC.