Tallmont Multi-Entity Accounting & Intercompany Consolidation
For: Holding companies, PE-backed groups, and any business where “how are we doing?” spans more than one set of books.
When the entities’ books don’t agree, nobody knows the truth
Intercompany accounting is where multi-entity books go to get messy. One entity pays a bill for another; a sister company borrows cash; payroll is shared; costs move up an ownership chain. Every one of those events must post to two sets of books, as mirror images, in the same period. When they don’t, the group’s financials quietly stop being true.
The symptoms are familiar: receivables that don’t match the other side’s payables, loans that exist on one set of books only, consolidations forced to balance with “plug” entries, and a leadership team that can’t trust entity-level profitability.
Intercompany reconciliation services — a service, not software
Search for help with intercompany reconciliation and you’ll mostly find software: matching engines and close-management platforms that assume your team will still do the work. Our intercompany reconciliation services are the other thing — accountants who actually perform the reconciliation: build the matrix, trace every mismatch to source, fix the structure, and hand you books that net to zero. Tools help; ownership is what gets it done.
What we do
The full intercompany matrix. Every balance, every relationship pair, across every entity — the single exercise that exposes the true scale of the problem.
Reconciliation to source. Each mismatch traced to loan agreements, transfers, invoices, and allocations to determine the correct balance — not just forced agreement.
Structural rebuild. Dedicated, consistently numbered intercompany accounts across all entities; counterparty identification built into every entry; documented allocation policies.
Automated eliminations. Consolidation that runs itself, whether you’re on NetSuite (our specialty) or QuickBooks with a consolidation layer.
A permanent hygiene framework. Mirror-entry discipline, a monthly reconciliation cadence, and cutoff rules — so the cleanup never has to happen twice.
What you get
Every intercompany balance netting to zero at group level, entity financials that tell the truth, closes that stop being archaeology, and consolidated statements you can hand to lenders and auditors on demand.
Untangling Intercompany Chaos — A Deep Multi-Entity Cleanup
Every intercompany balance now nets to zero at group level — and stays that way.
Read the case study →Frequently asked questions
Our intercompany balances never match. Is that normal?
It's common — and it's corrosive. Every mismatched balance means at least one entity's books are wrong, which means entity profitability, project economics, and consolidated statements are all distorted. Normal, yes. Acceptable, no.
What does an intercompany cleanup involve?
We build the full intercompany matrix across all entities, reconcile every relationship pair to source documents, rebook misclassified activity, standardize accounts across the group, and settle or document what remains. Then we install a monthly cadence so it never degrades again.
Can consolidation really be automated?
Yes — once balances mirror and accounts are standardized, eliminations run automatically and a consolidated statement becomes a report, not a project. We've taken groups from weeks of manual consolidation to minutes.
How many entities can you handle?
Our reference engagement reconciled and restructured a 20+ entity group with layered ownership chains, intercompany loans, shared payroll, and cross-entity cost transfers.
Book your free books review
Thirty minutes, your current setup, and a candid read on what it would take.