Intercompany reconciliation is a significant impediment to a fast and accurate accounting cycle. Your corporate finance organization can create a bottleneck if it is their responsibility to collect each business unit's intercompany information, check balances, correct errors, and contact reporting unit.
The SAP BusinessObjects Intercompany application enables your business units – rather than corporate finance – to reconcile intercompany balances in real time via the Web, allowing you to close your books faster.s.
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