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Intercompany reconciliation
The elimination of intercompany transactions during preparation of a consolidated balance sheet or income statement. Such transactions can include, for example, intercompany loans or investments between parent and subsidiary.
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- Part of Speech: noun
- Synonym(s):
- Blossary:
- Industry/Domain: Computer
- Category: Operating systems
- Company: Microsoft
- Product:
- Acronym-Abbreviation:
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