Intercompany Reconciliation (ICR) In SAP FICO

Vikashagarwal22 Sep, 2025Education

A major procedure guaranteeing correct financial information across several company codes inside the same organization, Intercompany Reconciliation (ICR) in SAP FICO is It helps to simplify corrections by automating the comparison of intercompany postings, identifying mismatches. For companies running across several legal entities, this feature helps to keep accurate intercompany balances, hence it is very important. ICR is vital for precise consolidation because it reduces manual reconciliation, speeds the financial close process, and ensures compliance with legislative and group reporting requirements. Professionals may become Master of Financial Accounting and control techniques for practical company uses by means of SAP FICO Training in Gurgaon.