Feature · Intercompany

Recharges, posted both sides.

Shared marketing spend. Group head office. A shared van. Finio splits and posts the recharge into every affected Xero org — automatically, with tax and tracking intact.

The challenge

Why intercompany kills month-end.

Recharges live in spreadsheets.

One person maintains the master; two more have out-of-date copies; nothing reconciles back to Xero.

Journals posted on one side only.

The paying entity has a bill; the recharged entity has… nothing. Discovered at audit.

Splits change every quarter.

Marketing was 40/30/30, now it's 25/25/25/25. Historic journals never get updated.

Nobody trusts the numbers.

Every board meeting starts with a debate about intercompany. Nothing gets decided.

Automation

How Finio does it.

Rules, once.

  • Split by percentage, headcount, revenue, room-nights — any metric you already track.
  • Effective-dated: change a split from 1 Jul without touching June's numbers.
  • Category-specific: marketing splits differently to group insurance.
  • Approval required — recharges over a threshold need FD sign-off.

Posting, everywhere.

  • Bill in the paying entity, mirror journals in each recharged entity.
  • Tax handled correctly per entity's VAT position.
  • Tracking categories applied consistently across orgs.
  • Full audit trail — who approved, when, on what rule.

Examples

What this looks like in practice.

Group marketing

The Halcyon pays £12,340 to a marketing agency. Split 40/30/30 across three hotels. Finio posts a bill in Halcyon, mirror journals in The Albert and The Clarence.

Head office recharge

London HO costs of £48,600/month split by room-nights across 8 hotels. Finio posts monthly on the 1st, no keying.

Shared consumables

One entity buys cleaning stock for three; recharged by usage on a weekly rule. Finio posts every Friday.

Book a demo

See your own intercompany flow.

Book a demo →or see pricing first