Aleq nets the intercompany matrix, runs ASC 830 translation, revalues FX with the CTA routed to AOCI, posts the eliminations, and ties out the group.
Each leg carries the two sides, the amount, and whether it nets. Matched legs eliminate automatically; a missing counterparty side or an amount mismatch is flagged before consolidation.
| Leg | Type | Amount | Status |
|---|---|---|---|
| US → MX | mgmt fee | $124,400 | matched |
| MX → US | royalty | $84,200 | matched |
| US → UK | IP license | $142,000 | matched |
| UK → US | R&D | $88,400 | UK side missing |
| DE → US | commission $142,800 vs $129,000 | $13,800 | variance |
Aleq revalued the foreign subs under ASC 830 — IS at the period-average rate, BS at the spot rate — and routed the cumulative translation adjustment to AOCI 3050. MX revalued −$8,420 (JE-12482, signed); UK +$1,840 (JE-12483, signed). The 3 matched intercompany legs eliminated through ELIM-001, Dr 5210 / Cr 5310, under P-INTERCO-NET at 0.99.
| REV-2026-05-001 · MX | JE-12482 | −$8,420 | signed |
| REV-2026-05-001 · UK | JE-12483 | +$1,840 | signed |
| CTA → AOCI 3050 | ASC 830 | −$6,580 | posted |
| Elimination · ELIM-001 | DR 5210 | CR 5310 | 0.99 |
Matched legs netted and eliminated under a signed netting policy.
Period revaluation with the CTA isolated and routed to AOCI.
Missing sides and mismatches chased to the right local controller.
IS at average, BS at spot, applied per line across the group.
Entity subledgers tied to the consolidated GL before reporting.
Consolidated statements assembled with the full elimination trail.
| Aleq | NetSuite | |
|---|---|---|
| Intercompany auto-match | manual | |
| FX revaluation · ASC 830 | setup | |
| Eliminations posted | manual | |
| One consolidated view | ||
| Time to live | 48 hours | 3–6 months |
Read-only connection across the group. You see the intercompany matrix netted, ASC 830 translation run, and a consolidated set with every elimination traced to its source.
