Template · Reconcile · Opening soon
Intercompany reconciliation template
Line up what one entity booked against what the other booked, reference by reference. Receivables and payables should cancel out; the template shows where they don't.
You bring
Entity A18 rows
ReferenceEntity A amount
Entity B18 rows
Entity B referenceEntity B amount
Mammoth does the work
You get
One table19 rows
Each reference: agrees (adds to zero), differs, or is booked on one side only.
Only in entity AA is higherOnly in entity BAgrees
- Not a spreadsheet to fill inIt is a ready-made workflow in Mammoth. You bring the files, and it does the work.
- Your files, as they areUpload a file or connect a source. Your column names do not have to match.
- Runs again by itselfWhen new data arrives, every step runs again and the result updates.
What you get back
The real result of this template, run on sample data.
Intercompany reconciliation: the resultSample data19 rows
16 agrees1 A is higher1 only in entity A1 only in entity B
| Reference | Entity A amount | Entity B amount | Difference | Status |
|---|---|---|---|---|
| IC-311 | 8,193.18 | · | 8,193.18 | Only in entity A |
| IC-304 | 21,776.51 | -19,598.86 | 2,177.65 | A is higher |
| IC-290 | · | -1,500 | -1,500 | Only in entity B |
| IC-300 | 11,568.34 | -11,568.34 | 0 | Agrees |
| IC-301 | 10,516.67 | -10,516.67 | 0 | Agrees |
| IC-302 | 19,439.57 | -19,439.57 | 0 | Agrees |
| IC-303 | 1,030.15 | -1,030.15 | 0 | Agrees |
| IC-305 | 9,098.38 | -9,098.38 | 0 | Agrees |
What is an intercompany reconciliation?
An intercompany reconciliation checks that transactions between companies in the same group are booked on both sides at the same amount, so they eliminate cleanly on consolidation.
How it works
How to use the intercompany reconciliation template
- 1Bring your dataConnect a source, or upload a file.
- 2Check the columnsMammoth matches each column the template needs and asks only when it is unsure.
- 3Choose where it goesA table, a sheet, or a dashboard. It rebuilds on every refresh.
See the exact columns and steps ›
What it needs
Two entities' intercompany balances (2 tables)
Entity A
- Reference
- Entity A amount
Entity B
- Entity B reference
- Entity B amount
The steps it runs
- 1Match columns: Entity A
- 2Match columns: Entity B
- 3Total by Entity B reference
- 4Total by reference
- 5Line up both sides by reference
- 6Compare
Every step is an ordinary Mammoth step you can open and change.
Intercompany reconciliation: questions
Does it update by itself?
Yes. The template becomes an ordinary workflow in Mammoth. When your data refreshes, from a connector, a scheduled pull or a new file, every step runs again and the result table updates.
Can I change the steps?
Every step is an ordinary Mammoth step you can open and edit. Mammoth remembers which steps came from the template, so an update never overwrites your changes.
Do my column names have to match?
No. You point the template at your columns once. Mammoth suggests a match for each one and asks only when it is unsure.
Get early access to this template
Bring your data, check the columns, and the result rebuilds on every refresh.
More account reconciliation templates
Match two sets of records line by line, and see what agrees, what differs and what is missing on either side.
- Bank reconciliationEvery line matched, flagged for a date check, or missing from one sideSee the template
- Payment reconciliationEach payout matched to its bank deposit, flagged for a date check, or missingSee the template
- Cash reconciliationEach day's takings matched to a bank deposit, or flagged as not bankedSee the template
- Three-way matchEach PO line: matched, partly received, billed more than received, or price differsSee the template
- Invoice reconciliationEach invoice paid in full, part-paid, overpaid or not paid, and payments with no invoiceSee the template
- Credit card reconciliationEach charge matched, missing from expenses, or booked but not on the statementSee the template
- Payroll reconciliationEach net pay line matched to a bank payment, or flaggedSee the template
- Vendor statement reconciliationEach invoice: agrees, differs, or appears on only one sideSee the template
- Inventory reconciliationEach SKU: agrees, over, short, or only on one sideSee the template
- GL account reconciliationEach account: agrees, differs, or appears on one side onlySee the template