AI-Powered Intercompany Reconciliation on Autopilot
Intercompany reconciliation software your practice can run across mixed-ledger groups.
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Let AI Agent run your intercompany reconciliation
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Identify positions
Let AI Agent run your intercompany reconciliation
Identify positions
Identify intercompany positions across this group's entities in Xero at the start of the period. Pull each entity's trial balance, extract intercompany debtor and creditor balances, intercompany loans and open intercompany recharges. Group positions by counterparty pair and confirm each pair has a matched record on both sides. Where one side shows a balance but the other does not, flag for investigation. If a new counterparty pair appears that the practice has not seen before, ask me whether to add it to the group's intercompany matrix. Pause before changing the matrix. Ask me where the practice stores intercompany agreements. Save a note for the practice manager listing positions, mismatched pairs and items awaiting senior decision.
Match transactions
Match intercompany transactions across this group's entities in QuickBooks for the period. For each counterparty pair, pull both sides' transaction listings, match intercompany invoices on counterparty and reference, match intercompany loans on counterparty, principal and accrued interest, and match intercompany recharges against the agreed schedule. Where a transaction is posted on one side but not the other, flag the gap. For currency differences, apply the agreed FX rate. If a recharge is missing the supporting schedule entry, ask me whether to chase the entity finance team or refer to the senior. Pause before posting any gap-fill journal. Save a note for the practice manager listing matched and unmatched items.
Resolve mismatches
Resolve intercompany mismatches for this group in Sage 50 at the end of the match cycle. For each unmatched item, identify which side carries the gap and the cause: timing, FX, missing journal, or true difference. Propose a resolution per case: post a correcting journal on the side that lags, request a supporting document from the entity team, or roll the mismatch to next period with a comment. For material mismatches above the agreed group materiality, ask me before posting any correction. Pause before posting any correcting journal that would affect equity. Save a note for the practice manager listing mismatches resolved, items chased and items rolled forward to next period.
Roll positions forward
Roll intercompany positions forward into the next period for this group in FreeAgent. For each matched intercompany position, prepare the opening balance for next period, refresh the intercompany loan interest schedule and prepare the recharge schedule for the coming period. Carry the resolution log forward with senior comments so nothing slips. Tie the rolled positions to the group's consolidation file. If a loan agreement is reaching maturity or a recharge contract is due to renew, ask me before applying the standard rollover. Pause before changing a loan or recharge term. Save the intercompany position file and resolution log to Google Drive ready for the consolidation step and the next period's reconciliation.
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Integrate with your existing software
Seamlessly integrate intercompany reconciliation workflows with your existing tools, ERP, and communication channels.
Benefits
Intercompany reconciliation by AI Agents
Trading-balance matches, FX timing, recharge journals and elimination postings stop running on senior time per group. The AI Agents repeat the intercompany motion across every entity pair, which is wh
Intercompany memory that travels across periods
Intercompany positions are mostly continuity: the same counterparty pairs, the same recharge schedule, the same loan terms. Minded carries each group's intercompany matrix and the resolution log from
One intercompany flow across Xero, QuickBooks, Sage 50 and FreeAgent
A real mid-market group has entities on Xero, QuickBooks, Sage 50 and FreeAgent at the same time. The same identify, match, resolve and roll motion runs across mixed ledgers. See [month-end close with
Activate your tools without APIs
Forget about asking your CTO to shift priorities, let your agents operate like your humans do and deliver real value to your customers from day 1.