Automate intercompany reconciliation
Intercompany reconciliation matches transactions between entities in your group so intercompany balances net to zero before consolidation. Any mismatch — timing differences, missing entries, FX variances — must be resolved before your consolidated accounts are accurate. Rima automates this entirely. Send your intercompany ledger extracts via Slack or email and get back a completed, consolidation-ready Excel reconciliation.
How it works
01
Send intercompany ledger extracts from each entity
Drop ledger extracts from each entity into your Rima Slack channel or email them directly. Any format your ERP produces is accepted.
02
Rima matches transactions across entities and flags mismatches
Rima cross-references intercompany balances across all entities, matches transactions, identifies timing differences, FX variances, and missing entries — with full context.
03
Review eliminations and differences in Excel
Rima delivers a completed intercompany reconciliation in Excel — confirmed eliminations, outstanding differences, and a full audit trail — ready for your consolidation process.
What Rima handles
Every aspect of intercompany reconciliation, automated
Intercompany balance matching
Match intercompany receivables and payables across entities to confirm they agree.
Elimination scheduling
Prepare elimination entries for intercompany revenues, costs, and balances.
Timing difference identification
Flag transactions recorded in different periods across entities with full context.
Multi-currency FX differences
Identify and quantify FX translation differences on intercompany balances.
Missing entry detection
Surface transactions recorded by one entity but missing from the counterparty.
Multi-entity batch reconciliation
Reconcile intercompany balances across any number of entities in a single request.
What you get
Fully managed. Always audit-ready.
3-hour SLA
Every intercompany reconciliation is completed within 3 hours, 24/7.
Consolidation-ready output
Every elimination is documented and every difference is flagged before you consolidate.
Your Excel template
Results land in your existing template — no reformatting required.
No setup required
Rima deploys and manages the agent — you just send your files.
FAQ
Common questions about intercompany reconciliation automation
What is intercompany reconciliation?
Intercompany reconciliation is the process of matching and eliminating transactions between entities within the same group — ensuring that intercompany receivables, payables, revenues, and costs balance to zero before consolidation. Mismatches must be identified and resolved before financial statements can be consolidated.
How does Rima automate intercompany reconciliation?
You send your intercompany ledger extracts from each entity to Rima via Slack or email. Rima matches intercompany transactions across entities, identifies mismatches, and delivers a completed reconciliation with all eliminations and outstanding differences clearly flagged — ready for consolidation.
What causes intercompany mismatches?
Common causes include timing differences (one entity records a transaction in a different period), currency translation differences, missing entries, and incorrect intercompany account coding. Rima flags all of these with context so your team can resolve them quickly.
Can Rima handle multi-currency intercompany transactions?
Yes. Rima handles intercompany transactions in multiple currencies, applying the appropriate exchange rates and flagging any FX translation differences as part of the reconciliation output.
How long does intercompany reconciliation take with Rima?
Rima completes every intercompany reconciliation within a 3-hour SLA, 24 hours a day, 7 days a week.
Part of Reconciliation
Intercompany reconciliation is one of many reconciliation types Rima automates.
Ready to automate your intercompany reconciliation?
Send your intercompany ledger extracts to Rima and get back a consolidation-ready Excel reconciliation.