Global Accounting & Bookkeeping Services

Inter-company transactions are the most audited area of multinational group accounting — tax authorities examine whether cross-border related-party flows are recorded at arm's length prices with supporting documentation, while auditors test whether IC balances reconcile between entity pairs before IFRS 10 consolidation eliminations. Common IC transaction types include management and shared service fees, royalty and licence payments, goods and inventory transfers, inter-company loans with OECD-compliant interest rates, and cost recharges for centrally procured services. Each transaction must be recorded in both the selling and buying entity's books with matching amounts — adjusted for functional currency translation under IAS 21 where entities operate in different currencies. Unreconciled IC balances are a primary audit finding and delay group close, CbCR preparation, and transfer pricing Local File compilation. We maintain inter-company sub-ledgers in Odoo, NetSuite, and Xero with automated matching dashboards, monthly reconciliation workflows, and exception reporting for overdue unmatched items. IC data feeds directly into IAS 24 related-party disclosures, OECD Master File and Local File schedules, and IFRS 10 elimination workpapers.

OECD Transfer Pricing Guidelines require that inter-company transactions between associated enterprises be priced as if between independent parties, with contemporaneous documentation supporting the arm's length nature of each transaction category. BEPS Action 13 mandates a three-tiered documentation approach — Master File, Local File, and Country-by-Country Report — for groups exceeding revenue thresholds, with many jurisdictions requiring Local Files at lower thresholds. Bookkeeping is the foundation: if management fees, royalties, and goods transfers are not recorded at policy rates in the general ledger, tax teams cannot produce defensible documentation without costly reconstruction. We integrate transfer pricing policies into daily accounting — mapping nominal codes to OECD transaction categories (tangible goods, services, intangibles, financial transactions), configuring IC billing at cost-plus margins or TNMM target rates, and maintaining invoice-level links to comparability analyses. CbCR data — revenue, profit before tax, income tax paid, stated capital, accumulated earnings, and employee count by tax jurisdiction — is extracted from entity trial balances reconciled to consolidated figures under IFRS 10. Records are retained per local requirements and aligned with IAS 24 related-party disclosures to prevent inconsistencies between financial statements and tax documentation.

Cloud accounting transforms global bookkeeping from fragmented desktop systems to unified, multi-user platforms — but multi-entity configuration must address IFRS and US GAAP requirements, IAS 21 functional currency settings, and inter-company automation from implementation day one. Odoo provides integrated ERP with multi-company modules, inter-company rules, and consolidation add-ons suited to groups operating across our 12+ regions with localised tax modules. NetSuite OneWorld delivers enterprise-grade multi-subsidiary management, automated IC eliminations, and real-time consolidation for mid-market and larger groups reporting under IFRS or US GAAP. Xero suits smaller entity structures with third-party consolidation and IC tracking integrations for growing international businesses. Each platform requires jurisdiction-specific tax code configuration, functional currency assignment per entity, presentation currency reporting views, and bank feed integration across USD, EUR, GBP, and local currency accounts. We implement group chart-of-accounts templates mapped to IFRS consolidation codes, configure IAS 24 related-party tracking fields, and set retention-compliant document management. Data residency and GDPR Article 28 processor agreements are addressed for EU entities, with role-based access segregating entity-level data across regional finance teams.

International business leaders need financial visibility between annual statutory filings — particularly groups operating across multiple time zones with varying tax payment schedules, inter-company funding requirements, and IFRS or US GAAP investor reporting obligations. Management accounts prepared under IFRS or US GAAP provide directors with monthly or quarterly P&L, balance sheet, and cash flow statements without the full disclosure burden of audited statutory accounts. We produce entity-level reports in each subsidiary's functional currency alongside presentation-currency consolidated group packs with IFRS 10 inter-company eliminations, IAS 21 translation adjustments, and segment reporting by geography. Budget variance analysis highlights revenue and cost deviations by entity, product line, and region. Management reporting data feeds CbCR preparation, transfer pricing policy reviews, and lender covenant calculations — ensuring internal reports reconcile to entity statutory books and consolidated IFRS or US GAAP figures. Delivery within 10–15 business days of period close is standard, coordinated through global close calls spanning APAC, EMEA, and Americas time zones. Reports are prepared from Odoo, NetSuite, or Xero source data with consolidation in dedicated modules or supplementary platforms.

Growing multinational businesses — cross-border SaaS operators, trading groups spanning IFRS and US GAAP frameworks, and multi-entity structures across our 12+ regions — often outgrow basic bookkeeping without justifying a full-time international CFO. An outsourced CFO provides strategic financial leadership including annual budgeting, rolling forecasts, group reporting framework governance, and inter-company funding optimisation. We oversee monthly close processes across all entities, prepare board-ready presentation-currency financial packages, and advise on transfer pricing policy under OECD guidelines with bookkeeping aligned to Master File and Local File requirements. For businesses preparing for investment rounds, international bank facilities, or IPO readiness, we produce IFRS or US GAAP-aligned financial models and due diligence data rooms. Our fractional model delivers senior finance expertise — typically a qualified accountant with cross-border consolidation experience — at a fraction of full-time cost, scaling engagement as your group expands and navigates Pillar Two global minimum tax obligations, CbCR filing, and IAS 24 related-party disclosure complexity.

Cross-border payroll accounting is among the most complex areas of multinational bookkeeping — employees may be legally employed by a US, UK, or UAE entity while performing duties in another jurisdiction, triggering shadow payroll obligations, social security totalisation questions, and permanent establishment risk. Payroll costs must be recorded in the employing entity's functional currency under IAS 21, with inter-company recharges to host entities at arm's length rates supporting transfer pricing policies for intra-group services. Employer social security, pension contributions, withholding tax, and jurisdiction-specific end-of-service gratuity accruals — particularly in UAE, Saudi Arabia, and other GCC markets — require separate liability tracking per entity. IAS 19 governs defined benefit plan accounting where multinational groups operate pension schemes across regions. We integrate payroll provider feeds from ADP, Deel, Remote, and local bureaus into Odoo, NetSuite, and Xero with automated journal templates, IC recharge billing, and monthly reconciliation to bank payment files. Payroll data supports CbCR employee count by jurisdiction and transfer pricing documentation for shared service and management entities employing cross-border staff.