Entries by Nils R.

Intercompany Matching Report

What is a Intercompany Matching Report? Intercompany Matching reports are considered important month-end close tools for multi-company enterprises and are used by Group Controllers to find and match transactions between subsidiaries. Some of the key functionality in this type of consolidation report is that it automatically finds and displays due-to and due-from transactions. The matching […]

Consolidating Trial Balance

What is a Consolidating Trial Balance? Consolidating Trial Balance Reports are considered essential control tools and are used by Group Controllers to ensure that the financial transactions supplied from subsidiaries are in balance. Some of the key functionality in this type of consolidation report is that it lists all financial accounts down the rows with […]