Ensure your intercompany transactions always match and are booked in the correct period.
Create, approve and account for your intercompany invoices with an all-in-one solution.
Invoice templates
Approval workflows
Invoice references
Automatic journal postings
Easy audit
Create, approve and account for your intercompany invoices with an all-in-one solution.
Invoice templates
Approval workflows
Invoice references
Automatic journal postings
Easy audit
Invoice templates
Create your intercompany invoices from a template, which includes your preferred header and row fields.
Approval workflows
Utilise dynamic creator, approver and handler role workflows to process invoices.
Invoice references
Aico eliminates the need for intercompany invoice matching by ensuring that the reference field in the corresponding journal entry in the sister company’s ledger is identical.
Automatic journal postings
When an invoice is raised, Aico will post relevant journals in the respective company’s ERP system simultaneously. This happens in real-time, so both sides of the payment get complete visibility.
Easy audit
You can trace each posting to the relevant ERP system. Suppose you have access to both companies involved in the transaction through Aico. In that case, you can see, for example, the SAP document numbers from the two different SAP systems because Aico is recording that on both sides of the transaction.
See Aico Intercompany Invoicing in action
Connect your ERP systems and other Aico modules for increased efficiency
Connect your ERP systems.
Integration between Manual Payments and your ERP systems allows Aico to post relevant journals into the respective company’s ERP systems simultaneously. This happens in real-time, so both sides of the payment get complete visibility.
Adding the Aico Journal Entries module to Intercompany Invoicing ensures that corresponding AP and AR journals are created and posted simultaneously, with the same unique reference number.
With all your Intercompany transactions matching, you can confidently reconcile your accounts with Aico Account Reconciliations. Take advantage of Aico’s predefined templates, approval workflows and automation engine.
3 step roadmap for seamless intercompany invoicing
This eBook explains how implementing a few simple rules and enforcing them across all your legal entities will eradicate the pain of period-end intercompany reconciliations.
Sarah Bellerby
Thilo Waetzold
