Intercompany Reconciliation Tool
CMA Intercompany Reconciliation Tool
Professional Grade Tool for CMA Intermediate Paper 10 | Practice Eliminations & Consolidations
INSTRUCTIONS:
1) Add transactions for Holding & Subsidiary → 2) Run Auto Reconciliation →
3) Review Elimination Entries → 4) Download Consolidated Report
Transaction Input
Auto Matching
Eliminations
Consolidated Report
CMA Exam Tip: In Paper 10, focus on:
1) Identifying intercompany transactions
2) Eliminating reciprocal balances
3) Adjusting for unrealized profits
4) Preparing consolidated financials
1) Identifying intercompany transactions
2) Eliminating reciprocal balances
3) Adjusting for unrealized profits
4) Preparing consolidated financials
Holding Company (A) - Receivables
0
Transactions
₹0
Total Amount
0
Matched
Subsidiary (B) - Payables
0
Transactions
₹0
Total Amount
0
Matched
Matching Algorithm:
1. Matches by exact amount and date (±5 days)
2. Also matches by transaction reference
3. Shows partial matches for review
4. Calculates elimination entries automatically
CMA Application: This simulates real-world intercompany reconciliation processes tested in CMA exams.
1. Matches by exact amount and date (±5 days)
2. Also matches by transaction reference
3. Shows partial matches for review
4. Calculates elimination entries automatically
CMA Application: This simulates real-world intercompany reconciliation processes tested in CMA exams.
Matching Results
Reconciliation Progress
0%
Unmatched
Fully Reconciled
0
Total Matches
0
Exact Matches
0
Exceptions
₹0
Matched Amount
Elimination Worksheet
CMA Exam Elimination Concepts:
1. Intercompany Sales/Purchases: Eliminate reciprocal amounts
2. Unrealized Profit: Remove profit from unsold inventory (typically 20-30% margin)
3. Intercompany Loans/Dividends: Eliminate reciprocal balances
| Account Description | Holding (₹) | Subsidiary (₹) | Elimination Entry | Consolidated (₹) |
|---|---|---|---|---|
| Run reconciliation to see elimination entries | ||||
Consolidated Financials
CMA Exam Interpretation
Match Rate: 0%
Elimination Impact: Sales reduced by ₹0
Unrealized Profit Adjustment: ₹0
Perfect for Paper 10 Q4 consolidation questions!