intercompany


Also found in: Acronyms.

intercompany

(ˌɪntəˈkʌmpənɪ)
adj
conducted between or involving two or more companies
Translations
intragroupe
References in periodicals archive ?
Tracking, settling, and reconciling intercompany transactions is a time-consuming, resource-draining task for finance and accounting staff in many companies, especially as organizations expand their operations globally.
The Coprocess website outlines solutions to allow invoice level multilateral netting or intercompany netting and invoice level matching and so addresses many intercompany woes.
CPAs WHO ADVISE on when and how to create a subsidiary should have strong grounding in tax regulations, particularly those relating to intercompany transfers of assets or liabilities.
Previously dormant intercompany gain often caught unwary taxpayers off guard during business planning and restructuring.
With Cartesis Intercompany, we can put the reconciliation processes in motion much earlier, safe in the knowledge that we'll still receive accurate and real-time information," says Wiel Dings, Chief Accountant at Oce, a 2.
Additional billing and systems modifications will be required where intangibles used in the provision of intercompany services are jointly developed by several affiliates.
New reports have been added to the Intercompany Lending module, providing audit trails on user activity in the process of creating, approving and amending loan records.
From a reporting standpoint, the intercompany process is rife with human errors, especially for businesses with immense data volumes, non-standard procedures and insufficient automation.
Generally, any gain realized on an intercompany transaction is deferred in determining the U.
Finally, because intercompany pricing may be set prior to "bill-outs" for services and taxpayers may not be able to delay billings, we recommend that the revenue procedure be issued in the fourth quarter of the year preceding the tax year for which the revenue procedure is effective.