Your copy. Your pace.

Intercompany balance review

Use a group close reporting snapshot to create a paired-balance exception list for accountant review. The design keeps source references, uncertain matches, and approval decisions visible to the responsible accountant. It coordinates an administrative handoff with version checks and an exception queue. Do not create elimination or adjustment entries automatically.

Planning workbook. This file helps you document a process. It does not connect to accounts, read records, send messages, or complete external actions. It works offline and sends no entries anywhere. Entries are not saved automatically; export or print a copy before closing. Avoid entering sensitive information.

1. Define the starting point

Start with a group close reporting snapshot. A successful handoff produces a paired-balance exception list for accountant review. Define the accountable owner before connecting systems. Do not create elimination or adjustment entries automatically. A source event is a request to evaluate the current state; it is not permission to make an irreversible change.

Process owner and backup rolesWhat will count as complete?

Current handling time and exceptions

2. Walk through the process

1. Lock the group scope

Record entities, period, currency policy, and approved intercompany account mappings.

We have defined the owner, required information, and completion check for this step.Step 1 working notes

2. Read paired balances

Fetch each side with source report references and retrieval times.

We have defined the owner, required information, and completion check for this step.Step 2 working notes

3. Normalize the comparison

Apply the approved sign and currency conventions while retaining original balances.

We have defined the owner, required information, and completion check for this step.Step 3 working notes

4. Investigate differences

Route unmatched counterparties, timing differences, and missing support to the responsible accountant.

We have defined the owner, required information, and completion check for this step.Step 4 working notes

5. Record reviewed treatment

Link the professional decision and any separately authorized adjustment task to the close pack.

We have defined the owner, required information, and completion check for this step.Step 5 working notes

3. Check the information

Use invented references in this worksheet. Keep real documents and personal records in an appropriate private system.

Reference field	Working record	Check
entity_pair	entity_pair	Resolve the stable source reference in the correct client, entity, and engagement.
period	period	Validate the date, timezone, and approved reporting or review period.
counterparty_account	counterparty_account	Resolve the stable source reference in the correct client, entity, and engagement.
reconciliation_decision	reconciliation_decision	Use the authorized owner or reviewed decision; unknown values stop the handoff.

Source of truth and access boundaries

4. Verify the process

Use synthetic examples. Mark a check only after recording what actually happened.

A missing counterparty balance stays unknown.An unreviewed difference cannot create an elimination entry.A repeated source event creates only one current review task.A changed source version invalidates an earlier approval.A named person can resolve an unclear or incorrect result.Work stops when the task is complete, withdrawn, or outside the agreed scope.A duplicate or interrupted handoff can be recovered without repeating a consequential action.Expected result, observed result, and recovery notes

5. Decide the next step

Your smallest reversible pilotReview date and decision

Retain qualified professional review for legal, accounting, tax, medical, financial, or other consequential decisions. This workbook does not certify compliance or guarantee results.