Reconcile intercompany transactions between entities in minutes

CleverBalance helps finance teams match transactions between Entity A and Entity B, so you can quickly identify missing entries, mismatches, timing differences, and ensure clean balances before consolidation.

No credit card and 14-day free trial

Entity A data

Upload intercompany receivables, payables, invoices, or journal entries.

Entity B data

Bring in the corresponding intercompany entries from the other entity.

Matched output

Review aligned entries, grouped matches, and balanced intercompany positions.

Unmatched output

Spot missing entries, timing differences, and items requiring adjustment.

Stop chasing intercompany differences in spreadsheets

Intercompany reconciliation is critical for financial accuracy, but often becomes complex and time-consuming.

Missing entries between entities

Mismatched balances

Timing differences across books

Incorrect or incomplete postings

Unrecorded invoices or settlements

Delays in consolidation due to unresolved differences

With CleverBalance

1

Automatically match entries between entities

2

Identify gaps and mismatches instantly

3

Get a clear view of what needs correction before consolidation

What CleverBalance does

CleverBalance replaces manual intercompany reconciliation with a structured, easy-to-review workflow.

Upload Entity A data

Intercompany receivables, payables, invoices, or journal entries.

Upload Entity B data

Corresponding intercompany entries.

Run reconciliation

System matches transactions using references, amounts, rules, and AI.

Review results

Clear matched and unmatched entries.

Download reports

Audit-ready Excel outputs for validation and adjustments.

Handles real-world intercompany complexity

Intercompany data rarely aligns perfectly. CleverBalance is built for how entities actually record transactions.

Entry-to-entry matching

Matches invoices, journal entries, and references across entities.

Aggregation differences

Supports one entity recording consolidated entries while the other records details.

Netting and adjustments

Handles netting arrangements, reversals, and corrections.

Cross-period differences

Matches transactions even when posted in different periods.

Flexible matching logic

Works even when references or booking logic differ across entities.

Clear, audit-ready reconciliation output

Get a structured view of intercompany balances that is ready for review and consolidation.

Matched transactions

Entry-to-entry matches between entities, grouped matches for netting, split entries, and fully reconciled balances.

Unmatched transactions

Missing entries in one entity, incorrect postings, timing differences, and items requiring adjustment.

Why finance teams choose CleverBalance

Entity-to-entity accuracy

Direct matching between both entities ensures alignment.

Faster financial close

Reduces time spent on intercompany tie-outs.

Handles structural differences

Supports aggregation vs detailed entries and netting.

Reduces manual effort

No Excel-based matching or tracking.

Audit-ready outputs

Clear visibility for finance and audit teams.

See how intercompany reconciliation works

Watch how transactions between Entity A and Entity B are matched and converted into clear, actionable outputs.

Group companies (holding-subsidiary)

Reconciliation between parent and subsidiary for intercompany invoices and settlements.

Multi-entity retail chains

Reconciliation between store entities and central entity for transfers and expenses.

Manufacturing groups

Reconciliation between production units and sales entities for intercompany billing.

Shared services / cost centers

Reconciliation of shared expenses allocated across entities.

B2B conglomerates

Reconciliation across multiple group companies with interlinked transactions.

Logistics groups

Reconciliation between operating entities for freight, fuel, and shared costs.

Healthcare groups (multi-entity)

Reconciliation between hospitals, labs, and service entities.

Pharma groups

Reconciliation between manufacturing, distribution, and retail entities.

Education groups

Reconciliation between campuses, trusts, and operating entities.

Real estate groups

Reconciliation between project entities and holding companies.

Professional services networks

Reconciliation between partner entities and service units.

IT services groups

Reconciliation between offshore and onshore entities.

SaaS companies (multi-entity)

Reconciliation between global entities for billing and cost allocation.

Non-profits (multi-entity structures)

Reconciliation between foundation entities and operating units.

Hospitality groups

Reconciliation between hotel entities and central management entity.

Events and media groups

Reconciliation between production entities and distribution entities.

Automotive groups

Reconciliation between dealership entities and parent company.

Import / export groups

Reconciliation between international entities with cross-border transactions.

Global enterprises (multi-country entities)

Reconciliation across geographies with different accounting timelines.

Accounting / CA / CPA firms (group clients)

Reconciliation for clients with multiple entities and consolidation needs.

Simple pricing for recurring reconciliation work

Choose a plan based on your reconciliation needs, designed for finance teams handling multiple entities.

Plans start at $20/month

Intercompany reconciliation

AI-assisted reconciliation

Team access

Excel exports

Audit-friendly history

Simple, accurate intercompany reconciliation

CleverBalance automates intercompany reconciliation by matching transactions between entities, helping finance teams resolve mismatches, handle netting and adjustments, and ensure accurate, audit-ready balances before consolidation.

Still reconciling intercompany balances in Excel?

Move to automated reconciliation and close your books faster with clean, aligned intercompany data.

No credit card and 14-day free trial