Close dependency
Unmatched IC blocks consolidated close and can hide FX or timing errors between entities.
Glossary/Intercompany reconciliation
Intercompany reconciliation
Intercompany reconciliation ensures due-to and due-from balances between legal entities eliminate to zero.
How FinanceAI handles this
Aster Bank demo shows Aster Capital Markets IC out of balance until Close proposes elimination.
Related terms
Questions
Who owns IC?
Often treasury or corporate accounting — both sides must approve proposals.