Glossary · Operations & compliance
Operations & compliance terms explained
Policy becomes real at close, when charges post, balances have to agree and filings fall due. These entries cover operational transfer pricing, year-end adjustments, reconciliation, the master file and local file structure, country-by-country reporting and the VAT consequences that follow intercompany charges.
25 terms
- Advance pricing agreement
- BEPS
- Cost allocation keys
- Country-by-country reporting
- Hourly rate benchmarking
- Intercompany accounting
- Intercompany agreements
- Intercompany invoicing
- Intercompany netting
- Intercompany reconciliation
- Intercompany transactions
- Intercompany VAT
- Local file
- Low value-adding intra-group services
- Management fees and transfer pricing
- Master file
- Mutual agreement procedure
- Permanent establishment
- Pillar Two
- Service charge allocation
- Shared service centre pricing
- Transfer pricing in ERP systems
- Transfer pricing true-up
- VAT on management charges
- Year-end adjustment
From definitions to calculated intercompany numbers
Understanding the terminology is the starting point; producing figures that survive review is the work. Our tools calculate intercompany charges, benchmark financing rates and reconcile balances from your own ledger data, so each number you file traces back to the policy and the source records behind it.