Intercompany notes, finally under control
In groups of companies, intercompany lending is common and often poorly documented. Slingstone tracks both sides.
2 min read · Slingstone
Two sides of every note
An intercompany note is a loan from one entity and a borrowing for another. Tracking only one side leads to mismatches at consolidation.
Lender and borrower together
Slingstone Loans records both sides, generates matching interest entries and keeps balances aligned across entities.
Documented and auditable
Every note keeps its agreement, amendments and history in one place, with an audit trail of changes.
Legacy tools vs. Slingstone
| Legacy tools | Slingstone |
|---|---|
| One side tracked | Lender and borrower sides together |
| Mismatches at consolidation | Matching entries in both entities |
| Agreements scattered | Agreements and amendments in one record |