Intercompany matching, disputes, netting, and elimination. In one place
Arvexi automates the entire intercompany reconciliation lifecycle. IC workbooks match entity pairs on reversed transactions with configurable tolerance. Mismatches enter a structured dispute resolution workflow. Netting consolidates offsetting balances into single settlements. And when matching is complete, Arvexi generates two-sided elimination entries at the first common parent. Flowing directly into consolidation.
The problem
IC reconciliation by email is why your close takes two weeks
Entity A says they owe Entity B $2.3M. Entity B says Entity A owes them $2.1M. The difference? Timing, FX, a missing invoice, and three emails that went unanswered. Your consolidation team spends days chasing entity controllers for answers, building elimination entries in spreadsheets, and hoping the numbers tie before the board meeting.
IC lifecycle
From entity pair matching to elimination entries. Automatically
Auto-matching on reversed pairs
Entity A payable to Entity B automatically matches Entity B receivable from Entity A. Configurable tolerance per entity pair. Absolute amount, percentage, or both. Matched pairs linked with a single IC match ID.
Dispute resolution workflow
Mismatches become disputes with category tags: timing, FX, missing transaction, or amount error. Both entities see the discrepancy with drill-down to source transactions. OPEN, IN_PROGRESS, RESOLVED stages with audit trail.
Elimination at first common parent
Two-sided elimination journal entries generated automatically at the first common parent entity in your hierarchy. Revenue/expense, receivable/payable, and unrealized profit eliminations flow directly into the 9-step consolidation engine.
IC workbooks
One view for every entity pair in your group
IC workbooks organize intercompany balances by entity pair. For each pair, you see both sides of every transaction: what Entity A recorded, what Entity B recorded, and the variance. Matched transactions are linked. Unmatched items are highlighted with root cause tags. Filter by entity, currency, account, or dispute status. The entire IC position for your group, not scattered across entity-level spreadsheets.
IC netting
Reduce 50 intercompany payments to 12
Netting consolidates multiple offsetting balances between the same entity pair into a single net settlement amount. If Entity A owes Entity B on three accounts and Entity B owes Entity A on two, netting produces one number and one direction. Across a group with 10 entities, this can reduce intercompany payments by 60-80%, simplifying cash management and reducing bank fees.
Multi-currency IC
Matching across currencies without the guesswork
When Entity A records in EUR and Entity B records in USD, Arvexi converts both sides to functional currency for matching while preserving original entered amounts. Exchange rate differences within your configured FX tolerance are flagged as FX variances. Documented, explained, and separated from true mismatches. Rate sources and conversion dates are tracked for complete audit trail. See also intercompany elimination and the consolidation engine. Back to Account Reconciliation.
We have 14 entities across 6 currencies. IC reconciliation used to take our consolidation team a full week. With Arvexi's auto-matching and dispute workflow, we're done in a day and a half. The elimination entries just appear in consolidation.
Intercompany Accounting Manager
Intercompany Accounting Manager at Multi-Entity Holding Company
FAQ
Ready to stop chasing entity controllers by email?
See how automated IC matching, dispute resolution, and elimination entry generation can cut your intercompany close from days to hours.
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