USA
UK
Australia
UAE
Canada
As multi-entity businesses expand across borders and subsidiaries, matching cross-entity transactions becomes increasingly complex. Mismatched balances, currency fluctuations, and timing differences can delay financial close and inflate audit costs.
At OBG Outsourcing Private Limited, we streamline and standardize your intercompany reconciliation process—ensuring accurate consolidated reporting, faster month-end closes, and total audit readiness.
Why Outsource Intercompany Reconciliation to OBG Outsourcing?
Managing intercompany transactions internally often leads to bottlenecks when subsidiaries use different ERPs or operate in different time zones. We bridge those gaps with structured workflows and dedicated accounting teams.
| Pain Point | OBG Solution | Business Outcome |
|---|---|---|
| Out-of-balance ledgers delaying consolidation | Real-time transaction matching and automated variance flags | 50% faster month-end financial close |
| FX gain/loss discrepancies across global entities | Standardized multi-currency valuation and spot-rate alignment | Eliminates balance sheet write-offs |
| Unresolved dispute buildup between entities | Root-cause analysis and structured escalation workflows | Prevents stale balances and audit friction |
What We Do
We manage the entire lifecycle of intercompany accounting so your internal finance team can focus on core strategic initiatives.
Transaction Matching & Verification: We line up cross-entity Accounts Receivable (AR) and Accounts Payable (AP) down to line-item details, invoices, and purchase orders.
Discrepancy Identification & Resolution: We investigate variances caused by timing delays, tax adjustments, shipping fees, or currency conversions and resolve them before close.
Elimination Journal Entries: We prepare precise intercompany elimination entries to simplify consolidated financial statements.
Multi-Currency Standardization: We normalize balances across foreign entities using consistent exchange rates and reporting standards (GAAP/IFRS).
Audit Trail & Documentation: We maintain complete digital audit trails for every reconciled balance, giving external auditors transparent visibility.
How Our Process Works
1.Data Ingestion & Extraction:Phase 1.
We pull transaction feeds, trial balances, and sub-ledgers from your parent company and all participating subsidiaries.
2.Automated & Manual Matching:Phase 2.
Transactions are processed through standardized matching rules. Matched balances are approved immediately, while exceptions are isolated.
3.Dispute Investigation & Alignment:Phase 3.
Our team collaborates directly with entity managers to resolve open items, timing mismatches, and unbilled items.
4.Eliminations & Final Reporting:Phase 4.
We calculate final elimination entries, prepare reconciliation sign-off reports, and update your main consolidation ledger.
Our Commitment: We work within your existing accounting software ecosystem—whether you run NetSuite, SAP, Oracle, QuickBooks, or Xero—ensuring seamless integration without disrupting your current setup.
Software We Use
