MDMLBookkeeping · Ask about access
Intercompany reconciliation and owner transfers
Keep related businesses and personal accounts separate. Review both sides of transfers and splits with the actual entities and source records identified.
What you can do
Identify each entity
Keep the legal or personal owner of an account explicit.
Review both sides
Transfer workflows bring the related records together for a decision.
Keep profit separate from movement
A transfer or owner contribution should not automatically become a sale or expense.
Try the workflow with your own agent
A document coverage checklist and an initial list of reconciliation questions for one account and period. Use the free instructions with your own records, then decide whether you need a connected product.
Access and setup
The owner or accountant must confirm the accounting and tax treatment. A possible transfer match is a suggestion until reviewed.
Confirm the available workflow and its plan or add-on requirements for your business before setup. See the current plans or ask the MDML team.
Works alongside
Bookkeeping and reconciliation →
Keep separate books, bank records, receipts, bills and source documents in MDML. Review transactions, reports and reconciliation before closing.
Bank transactions and receipt matching →
Review bank transactions with receipt evidence, account identity and source status. Resolve unanswered classifications before posting them to the books.