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===Intercompany accounting=== {{main article|Intercompany accounting}} Intercompany accounting focuses on the measurement, analysis and reporting of information between separate entities that are related, such as a parent company and its subsidiary companies. Intercompany accounting concerns record keeping of transactions between companies that have common ownership such as a parent company and a partially or wholly owned subsidiary. Intercompany transactions are also recorded in accounting when business is transacted between companies with a common parent company (subsidiaries).<ref>{{Cite web |title=What is Intercompany Accounting? {{!}} F&A Glossary {{!}} BlackLine |url=https://www.blackline.com/resources/glossaries/intercompany-accounting/ |access-date=2024-08-16 |website=www.blackline.com}}</ref><ref>{{Cite web |last=Beaver |first=Scott |date=2024-04-03 |title=What Is Intercompany Accounting? Best Practices and Management |url=https://www.netsuite.com/portal/resource/articles/accounting/intercompany-accounting.shtml |website=www.netsuite.com}}</ref>
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