Intercompany finance

Intercompany operations are normal in economic groups: one subsidiary sells to another, a parent lends to a subsidiary, a holding charges management fees. At the individual level each entity records income or expense; at the consolidated level those movements cancel because the group has not enriched itself. The operational challenge: both sides must match. If subsidiary A records a $10,000 sale to subsidiary B, B must record a $10,000 purchase — not $9,800 due to FX or one month late. cifraHQ Enterprise uses intercompany pairs with a common identifier (transaction ID), monthly automatic reconciliation, and "IC imbalance" reports that resolve before close.