First, head to our settings page, and select the Intercompany item on the left hand side. From here you can create a new group by following the prompts. Once the group is created, hit the pencil icon to edit the group and add accounts from there

Unfortunately RecHound does not currently support multi-currency intercompany clearing at this time

Firstly on your homescreen, the account disappears from your balance sheet tab and enters your intercompany tab. You will be able to view all the transactions in the account by clicking on the group in the intercompany tab.

The support will be removed from the item. If you were to delete the group and set it back to a standard account, any existing support previously created will remain.

No, once the intercompany group is deleted, or an account removed, the cleared transactions for that account will be back in your regular transaction listing for clearing or support purposes.

Any transactions that don’t add up to zero will remain on your reconciliation page until they can be netted off to zero in some way

Yes! You can group as many accounts as you’d like to your intercompany groups (over 2x companies at a maximum)