Intercompany Accounting

One set of books. Every entity. Zero reconciliation headaches.

FIRMA handles intercompany loans, cost sharing, and eliminations automatically—so consolidated reporting is always correct.

Auto-eliminationDual-ledger postingConsolidated P&LZero manual JEs
See intercompany in action
app.nexusfirma.ioDemo data
NEXUS FIRMA intercompany command center — Vantage Capital Partners multi-entity workspace with $264,200 revenue this month, revenue pipeline across 6 entities, and approval-first AI queue

Problem

Managing loans between entities requires manual journal entries in every company file

Solution

FIRMA records the intercompany transaction once - it posts to both entities automatically

Problem

Consolidated P&L requires exporting from each QBO file and manually eliminating intercompany

Solution

FIRMA generates a consolidated P&L in real time, with eliminations already applied

Problem

Shared expenses across entities require duplicate entries and reconciliation each month

Solution

FIRMA cost-sharing templates allocate expenses across entities with one approval

Feature deep dive

Built for the work that spreadsheets are usually forced to do.

Intercompany Loans

Track advances between parent and subsidiary entities. FIRMA records the receivable and payable simultaneously, keeping both ledgers in balance.

Consolidated P&L

See profit and loss across all entities on one screen. Intercompany revenue is automatically eliminated. No spreadsheet required.

Cost Sharing

Shared services, rent, insurance - allocate across entities using templates. One approval posts to all entities at once.

Entity-Level RBAC

Each entity has its own access controls. Your accountant can see Entity A but not Entity B. Client Zero - always.

The product, feature by feature

Every multi-entity workflow, shown — not described.

These are the real product surfaces, populated with the Vantage Capital demo group: four LLCs and $1.73M in demo revenue. Entity-level surfaces are available today; intercompany automation and consolidation shown below are roadmap previews.

Roadmap preview: consolidated reporting

A planned consolidated P&L across all four entities.

This preview shows the intended group statement and elimination workflow. Consolidation is not presented as generally available today.

  • Group revenue $2,009,800 across 6 LLCs
  • Intercompany $46,328 eliminated automatically
  • Group net income $699,960 · 35.7% margin

Invoices & A/R

Invoices and A/R aging, scoped to any entity.

Create, send and track invoices per entity — and see exactly what is owed and how late. The Vantage group has billed 44 invoices; FIRMA shows the open balance and aging at a glance.

  • 44 invoices · $1,655,800 collected
  • Per-entity client and invoice numbering
  • A/R aging buckets, no spreadsheet required

Roadmap preview: native intercompany

Planned intercompany workflows with both sides linked.

This preview shows the intended paired-entry and elimination experience. Native intercompany automation remains on the roadmap.

  • Both legs posted with one approval
  • Eliminated automatically on consolidation
  • 7 intercompany transactions · $46,328

Approval-first AI

AI drafts the entry. You approve before it posts.

FIRMA's AI categorizes bank-feed transactions and drafts journal entries — but nothing touches the ledger without a human sign-off. Every suggestion shows the proposed accounts and a confidence note.

  • 100% of entries require approval before posting
  • Bank-feed categorization with audit trail
  • Reject, edit, or approve in one click

Expenses & bills

Expenses and bills (A/P) by category, by entity.

Track every bill and expense across the group. FIRMA breaks spend down by category — Payroll, Software, Insurance, Clinical Labor and more — and keeps the A/P balance current per entity.

  • 102 expenses · $1,263,512 across 6 entities
  • 13 vendor bills · $60,250 currently open
  • Category and vendor rollups out of the box

Entity switcher

Switch entities — or see the whole group — in one click.

Every screen in FIRMA is entity-aware. Drill into the entities included in your plan from one login. Consolidated group views remain on the roadmap.

  • 1, up to 5, or unlimited entities by tier
  • Per-entity books today; consolidated roll-up on the roadmap
  • No re-login, no separate company files

All panels use the Vantage Capital demo group — synthetic demo data. No real customer, financial, or personal identifiers are shown.

How it works

From setup to consolidated report.

  1. 1

    Add entities to your FIRMA account - no additional subscriptions

  2. 2

    Define intercompany relationships: parent/subsidiary and sibling entities

  3. 3

    Record shared transactions once - FIRMA posts to all affected entities

  4. 4

    Approve the consolidated entry via the approval queue

  5. 5

    Run consolidated reports across any combination of entities

See intercompany accounting that actually works.

See the real product

The actual FIRMA — not a mockup.

Real screenshots from the product LUCA runs its own multi-entity books on today — one login across every entity, approval-first.

app.nexusfirma.io
FIRMA — Command center
Command center
Every entity’s cash, AR and AP in one live dashboard.
app.nexusfirma.io
FIRMA — General ledger & banking
General ledger & banking
Real double-entry books with live bank reconciliation.
app.nexusfirma.io
FIRMA — Invoicing
Invoicing
Send, track and get paid across every business.
app.nexusfirma.io
FIRMA — Expenses
Expenses
Capture and categorize spend — approval-first.
app.nexusfirma.io
FIRMA — Approval-first AI
Approval-first AI
AI drafts the entries; nothing posts without your sign-off.
app.nexusfirma.io
FIRMA — Contracts
Contracts
Keep agreements right next to the books.
app.nexusfirma.io
FIRMA — Proposals
Proposals
Quote work and convert it straight to an invoice.
app.nexusfirma.io
FIRMA — Documents
Documents
A tidy home for receipts, statements and files.
app.nexusfirma.io
FIRMA — Client portal
Client portal
A clean place for clients to pay and share.