Accountant needs to properly record inter-company expenses paid from one LLC's bank account to another LLC's operations without blurring corporate boundaries.

Workarounds Described

• connects bank account in read-only mode and records expenses via manual journal entries
• carries balance as a liability manually

Implied Software Gaps

• Automated inter-company transaction recording that links a bank account from one entity into another's books while correctly tracking the liability

InterCo Ledger Bridge

InterCo Ledger Bridge is a SaaS add-on for QuickBooks Online that allows bookkeepers to connect bank accounts from a separate legal entity in read-only mode, automatically categorizing expenses as inter-company loans and maintaining a clear liability balance. It preserves corporate veil integrity while eliminating manual journal entries and spreadsheets.

Existing Solutions Mentioned