Intercompany transactions and eliminations

Move money between companies in a group and remove those trades from consolidated figures.

Accounting → Intercompany.

When one company in a group lends to or trades with another, each side needs its own balanced entry, and the group's consolidated accounts must not show the group trading with itself.

Recording a transfer: choose the two companies and the amount. IntuBu posts both sides:

• The lender: cash down, Due from Affiliates up.
• The borrower: cash up, Due to Affiliates up.

Both companies remain individually in balance.

Eliminations: the Eliminations screen matches every Due-to against its Due-from and reports what would be removed on consolidation.

Why they are reported and not posted: an elimination belongs to the group, not to any legal entity. Posting one into a company's books would misstate that company's own accounts.

If the two sides stop mirroring — because one was edited or deleted — the screen says so explicitly rather than quietly netting the difference. A consolidation built on unmatched intercompany balances cannot be trusted, and you should be told.