This tool contains three sample policies that outline guidelines and procedures related to intercompany transactions.

Intercompany accounting is designed to allocate assets, liabilities, revenues and expenses to the appropriate legal entity in relation to the economic benefits and obligations associated with the operational activity incurred. Accounting for intercompany transactions requires constant attention and reconciliation to prevent the loss of time and resources. These sample policies focus on ensuring intercompany transactions are processed correctly at the time the transactions occur.