Intercompany & GL Reconciliation
Intercompany and GL reconciliation for month-end close.
Reconcile intercompany balances, subledger-to-GL and GL-to-GL across ERPs and entities — with FX awareness, elimination rules and evidence-ready packs for group audit.
The problem
The reconciliation problems this solves
Entities record intercompany transactions on different dates, currencies and account structures — surfacing only at consolidation.
Group finance rarely runs a single ERP; SAP, Oracle, Workday, NetSuite and legacy systems must be reconciled to a common chart.
Rate differences, translation adjustments and CTA movements create breaks that materially matter.
Excel-based reconciliations don't scale, and lack the immutable evidence external auditors increasingly demand.
Capabilities
What ReconIQ does for this use case
Pre-built connectors for SAP S/4HANA, Oracle EBS/Fusion, Workday, NetSuite, Dynamics and file-based feeds.
Configurable elimination rules across trading-partner pairs with materiality thresholds and FX tolerance.
AI proposes the likely source of imbalance (timing, FX, missed entry, mispost) with links to source documents.
Preparer/reviewer workflow with attestation, sign-off packs and evidence attachments per account.
Cut-off enforcement, WD-based ageing SLAs and open-item auto-reminders tied to group close calendar.
Hash-chained log of every match, override and approval — signed and exportable for external audit.
Data sources supported
- SAP S/4HANA (ACDOCA, BSEG), Oracle Fusion / EBS GL_JE
- Workday Financials, NetSuite, Microsoft Dynamics 365
- Legacy GL extracts (JD Edwards, Sage, Infor)
- Consolidation systems (OneStream, Oracle HFM / EPBCS, SAP BPC, Tagetik)
- AP / AR subledgers and treasury systems
- FX rate feeds (Bloomberg, Reuters, ECB)
What this gives you
Designed with reference to the frameworks that matter here
Controls are designed with reference to these frameworks and regimes. See Security & Compliance for the full picture.
ReconIQ does not hold SOC 2 or ISO 27001 certification. Entries marked “(target)” or “(aligned)” describe design references and roadmap targets, not certifications we have earned.
Questions
Frequently asked
Can ReconIQ replace BlackLine / Trintech account reconciliation?+
For intercompany, GL certification and subledger-to-GL, yes. ReconIQ adds native agentic root-cause and hash-chained evidence, and integrates with your consolidation platform for eliminations.
How is FX handled?+
The canonical schema stores both transaction and functional/reporting currencies with the rate applied; tolerance rules can be set per currency pair and materiality tier.
Does it fit into month-end close?+
Yes — ReconIQ is close-calendar aware, with WD-based SLAs, cut-off enforcement and reviewer certification workflows built for group controllership.
See it on your data.
Try the live demo, or book a session to walk a intercompany & gl reconciliation workflow end to end.