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How can I reconcile inter-entity balances?
Marco Fiumara avatar
Written by Marco Fiumara
Updated over a week ago

When dealing with inter-entity balances, such as related party loans or distributions, you can use a simple workaround to provide clear references between entities.

Referencing inter-entity balances with a URL

  1. Copy the URL: Navigate to the worksheet in the related entity, copy its URL, and paste it into the current entity’s worksheet.

  2. Repeat for both entities: Add the current entity’s worksheet URL to the related entity’s worksheet for a two-way reference. This way the reviewer is able to view the other entities balance for that loan on the other side.

Other options

  • Files as references: If figures like distributions are already detailed in a file, reference that document instead of duplicating it. A single file can be attached and referenced across multiple worksheets and multiple entities.

  • Future improvements: An inter-entity loan worksheet is in the Cimplico Workpapers roadmap, which will make managing and referencing inter-entity balances much easier.

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