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May 25 Update - Intercompany is here!


📰 RecHound Roundup


It's been one hell of a last 6 months. In terms of features, we've shipped Intercompany, "View in Xero" buttons, and a company dashboard just to name a few. 


We've now got our head down working on our "Automatic Recs" project, bringing a new level of speed to your recs! 💨


We're excited to announce a special new partnership very soon too, working with the best in the business for this one so stay tuned!


🤩 New Feature: Intercompany Matching is Live


Finally — no more manually hunting down offsets between entities.

With our new Intercompany Matching feature, you can:

  • Detect and link related transactions across multiple entities

  • Clear them directly within RecHound

  • Keep everything tidy and in one place (more importantly, outside a spreadsheet!)



For our users:


Intercompany workpapers operates differently to a regular workpaper. It removes the accounts in question from your reconciliation summary, and keeps them in the "Intercompany" tab at the top of the page. From there you can view workpapers, with any IC balance discrepancies visible at a glance.


To try it out, just set up your first intercompany group in the settings page, and you're ready to go!


Set up a group in seconds!
Set up a group in seconds!
Reconcile all your transactions in the group, just like normal. Show only what's unreconciled!
Reconcile all your transactions in the group, just like normal. Show only what's unreconciled!

🔗 New: "View in Xero" Column


Need to quickly check the source of a transaction?


We’ve added a new "View in Xero" column in your transaction listing — just click and we’ll take you straight to the exact place in Xero.


No more digging through tabs trying to remember where things came from.



👥 Partner Spotlight: Bookkeepers Support


We’ve teamed up with Kelly Berger from Bookkeepers Support to run our first “Balancing the Balance Sheet” workshop — helping bookkeepers ditch the spreadsheet chaos and stay compliant month-on-month. More events and collabs to come! 


Check out the amazing Bookkeepers Support community and join in the conversation here



🔮 Coming Soon: Prepayment Schedules


We’re cooking up a smarter way to handle prepayments. Soon you’ll be able to:


  • Allocate transactions over multiple months

  • Automatically generate journals

  • Reduce the month-end guesswork


Stay tuned — this one’s going to save some serious time.



Thanks for being part of the RecHound journey.

More to come soon — and as always, reply to this if you have feedback, ideas, or any sneaky Xero tips we should share.


— Alex & the RecHound team 🐾

 
 
 

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