Intercompany Transactions

The Intercompany module manages financial transactions between entities within the same hospital group -- for example, between the main hospital and a...

2026-02-17 · 3 min

Manual area

Finance

Coverage

3 sections

Operator notes

1 implementation note

Overview

The Intercompany module manages financial transactions between entities within the same hospital group -- for example, between the main hospital and a satellite clinic, or between the hospital and its pharmacy subsidiary.

Transaction Management

Record and track intercompany transactions:

Create transactions specifying source entity, target entity, amount, and description.
Transaction types: service charges, shared resource allocation, inventory transfers, management fees.
Each transaction creates mirror entries in both entities' books.
Approval workflow for transactions above configurable thresholds.
Reference linking: attach supporting documents (invoices, agreements) to each transaction.

Reconciliation

Ensure intercompany balances are in sync:

Intercompany balance report showing net payable/receivable between each entity pair.
Auto-matching of mirror transactions to identify discrepancies.
Settlement processing: net off intercompany balances periodically.
Elimination entries for consolidated financial statements.

Notes

Tip

Run intercompany reconciliation monthly before generating consolidated financial statements. Unresolved intercompany differences will distort group-level reporting.

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