Intercompany Reconciliation
What each pair says about the other, and the difference. Run before a close, not after: a difference found after the group is published is a restatement.
Where to find it
- Module: Accounting
- Group: Group
- Section: Intercompany
- Screen: Intercompany Reconciliation
Address in the console: /accounting/ic-reconciliations
List · 10 columns · 6 fields on its form · 3 of them required · 2 actions
What the list shows
These are the columns of the list, in the order they are drawn. Any of them can be sorted on, filtered on, hidden, or exported.
| Column | Kind | Field name |
|---|---|---|
| Document | Code | recon_no |
| Period | Code | period_code |
| Company A | Code | org_a_code |
| Company B | Code | org_b_code |
| A says | Amount | balance_a |
| B says | Amount | balance_b |
| Difference | Amount | difference |
| In tolerance | Yes or no | within_tolerance |
| Unexplained | Number | unresolved_count |
| Status | Status | status |
The form
What is asked for when a record is created here. Required fields are marked; a choice drawn from a configuration list is one an administrator can extend without a release.
| Field | Type | Choices | Notes |
|---|---|---|---|
| Period required | Text | ||
| Company A required | Choice | Looked up from existing records | |
| Company B required | Choice | Looked up from existing records | |
| Currency | Choice | Looked up from existing records | |
| Tolerance | Number | ||
| Notes | Long text |
What you can do here
Build from postings primary
Reads what both sides actually posted and attaches the transactions that explain the gap.
Asks for: Company A* Company B* Period (YYYY-MM)* Tolerance
Agree
Refused while the difference is outside tolerance and items are unexplained.
* required
The rules that apply here
Everything on this screen obeys the platform rules rather than rules of its own. The ones worth knowing before you use it:
- Narrowing a list — search, conditions, sort, totals, export and saved views.
- What may be changed — the five grounds a record may not be edited on.
- Companies and business units — what the switcher above this list is doing to it.
- Creating a record — required fields, where choices come from, and how the number is allocated.
- Importing a spreadsheet — this screen accepts one, and it runs through the same rules as typing.