Intercompany Loan & Interest Settlement

Reconcile existing intercompany loan accounts using their documented terms. This application is designed to organise principal movements, entered interest conditions and accruals while preserving the counterparty confirmation needed for group reporting.

Best suited to

Groups accounting for loans already agreed between their entities.

What you can manage

• Record the existing intercompany loan agreement.
• Enter the interest conditions applicable to that agreement.
• Track principal advances and repayments recorded by the entities.
• Calculate interest accruals from the supplied contractual inputs.
• Maintain counterparty confirmations of the resulting balances.

A practical workflow

Enter the existing agreement and review both parties' principal movements. Calculate the period interest using the approved inputs, investigate differences and retain the confirmed balance for the group accounting process.

Why this workflow matters

An intercompany account has two perspectives that need to be reconciled. Reviewing the agreement and counterpart records together helps the group distinguish timing, currency and substantive transaction differences. The aim is an explained internal position that both entities can support before the figures enter the group close.

Working with your records

Confirm the reporting date, entity scope and accounting basis before preparing group information. Review source packages and adjustments with the responsible entity owners, retaining the evidence for material decisions. The software organises the specified group accounting workflow; the appropriate consolidation and disclosure treatment still requires review under the framework adopted by the group.

Licence

12-month software licence purchased with a one-time payment. The purchase covers the stated licence term and does not create an automatically renewing subscription.