Inter-company balances that agree at month end.
Loans between entities, management fees, recharges. Sprigr matches both sides in Xero, lists what does not balance, and drafts the journals. You approve them.
At month end, match the inter-company invoices and loan movements between our entities, list what does not balance, and draft the journals.
The spreadsheet that used to take a Saturday.
Entity A lends entity B $12,000 in August and recharges it $3,400 of management fees. Both sides should show the same numbers, and one of them always does not. At month end Sprigr reads the inter-company accounts in each Xero organisation, matches invoices to bills and loan drawdowns to repayments, and lists the two items that do not balance with the transactions on each side. It drafts the correcting journals and the loan interest journal, and holds them for you. You approve, and they post. The reconciliation report is filed with the month.
- Xero
- Slack
- Outlook
- All integrations
Name the entities. Sprigr closes the month with you.
One sentence about the loans and the fees. Journals wait for your approval.