Intercompany activity with paired entries and elimination workflow.

Record once. Quoining writes the counterpart in the paired entity, ties the two sides on reconciliation, and posts the elimination on consolidation.

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Paired entries

Record one side. The counterpart writes itself.

When you tag a journal entry, bill, or invoice as intercompany and choose the paired entity, Quoining posts the mirror entry in that entity using the configured intercompany accounts. The pair shares an audit-trail ID so reconciliation can prove the two sides match.

Auto-generated counterpart JE in the paired entity.
Shared transaction ID across the two entities for traceability.
Intercompany reconciliation report ties debit and credit sides.
Manual override available for atypical pairings.

Transfer pricing

Cost-plus, management fees, and cost allocation.

Configure cost-plus billing with a markup percentage, recurring management fees as fixed amounts or as a percentage of revenue, and cost allocations keyed by headcount, revenue, square footage, or a custom allocation key. The allocations post as intercompany entries with the standard counterpart workflow.

Cost-plus billing with configurable markup percentage.
Management fees: fixed amount or percentage of revenue.
Cost allocations by headcount, revenue, or a custom key.
Allocations post on a recurring schedule you control.

Eliminations

Consolidated reports drop the IC noise.

Eliminations post as paired entries during consolidation against the elimination accounts you configure. Investment in subsidiary, intercompany AR/AP, and intercompany revenue/expense all clear on the consolidated statement set while remaining visible at the entity level.

Want a closer look?

See intercompany in a guided demo.

Walk through the workflow with our team. We'll show how it fits your books and answer questions on plan fit, migration, and rollout.

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Questions

About intercompany.

Do I have to manually create the counterpart entry?

No. When you tag a transaction as intercompany and pick the paired entity, Quoining writes the counterpart automatically using the intercompany accounts you've configured.

Can intercompany transactions cross currencies?

Yes. Cross-currency intercompany activity runs against the entities' functional currencies. The FX gain or loss posts to each entity's books, and the elimination accounts pick up the residual on consolidation.

How does cost-plus billing work?

You configure the markup percentage on the paired entity relationship. When you record costs eligible for cost-plus billing, Quoining computes the markup and posts the intercompany invoice automatically.