Intercompany Matching and Elimination Starter Kit

This starter kit is built for consolidation and finance close teams who need to match intercompany transactions between entities, with controllers or close leads reviewing and signing off on the results. It should be used as soon as the close cycle opens, so mismatches can be caught and resolved well before elimination entries are due. Without it, intercompany matching often starts too late, the cause of a mismatch between entities is unclear, currency and timing differences get sorted out by hand, and the team has no live view of unresolved balances, all of which can delay the close and let errors slip through.

1. Load your intercompany transaction data into the Alteryx workflow.
2. The workflow matches transactions between entities early in the close cycle, so mismatches surface right away.
3. It reviews the flagged differences to identify whether currency conversion or timing is the cause, separating those from real errors.
4. It identifies which entity is responsible for each remaining mismatch, so the right team can resolve it directly.
5. It builds the elimination entries needed for consolidation, based on a complete view of all intercompany positions.
6. It gives you a real-time view of any balances still out of sync, so you can step in before the close deadline.
7. You export the results and, if you choose, feed them into your preferred AI tool to generate written commentary.

• Intercompany breaks get caught and resolved earlier in the close cycle, ahead of the elimination deadline.
• Complete, accurate elimination entries ready for consolidation.
• A real-time view of any intercompany balances still out of sync.
• Clear ownership of each mismatch, tied to the entity responsible for it.
• Currency and timing differences separated out from genuine matching errors.

• Runs inside Alteryx Designer, desktop only.
• Delivered as a .yxi package file; install by downloading it and double-clicking to add it to Alteryx.
• Available in 8 languages.
• Optional AI commentary step requires connecting your own separate AI or LLM tool; none is bundled with the kit.

• Covers intercompany matching and elimination only; it does not automate the full financial close or consolidation process.
• Built as a template, so entity structures, chart of accounts, and matching rules need to be adapted to your own data before relying on it.
• The workflow automatically matches transactions, flags differences, and drafts elimination entries, but a person still needs to review flagged breaks, confirm currency and timing resolutions, and approve final entries before posting.
• If you use the optional AI commentary step, a human should review the AI generated output before sharing it, since the workflow does not verify it automatically.