Translucent Intercompany
translucent.io
What it is
Translucent Intercompany automates intercompany accounting workflows for multi-entity businesses. It identifies discrepancies and supports one-click adjustments to Xero or QuickBooks. Teams can set one-off or recurring intercompany transaction rules with automated recharge calculations. Within Xero bank reconciliation, users can match a bank statement line from one entity to an invoice in another; group bank reconciliations can be tracked with an audit log. The Free tier connects up to four entities and includes loan-account and AP/AR discrepancy matrices for identifying imbalances. Pro includes unlimited users, one-click reconciliation, automated recharge rules, and group bank reconciliation. Pro (annual) costs $65 a year, billed per month and annually; Pro (monthly) costs $130 a month, billed monthly. A 14-day trial is listed. The product lists Xero and QuickBooks integrations and live support. Translucent says it is certified for SOC 2 Type 1 and was proceeding with work toward Type 2 certification in its February 2025 update. Michael Wood started work on Translucent in 2022.
Spec sheet
- What it does
- Translucent combines accounting data from multiple entities into a multi-entity finance system.Read 15 Oct 2026 · translucent.io
- Purpose
- Translucent automates intercompany accounting workflows for multi-entity businesses.Read 5 Oct 2026 · translucent.io
- Integrations
- The listed accounting integrations are Xero and QuickBooks Online.Read 15 Oct 2026 · translucent.io
- Security
- Translucent says it is certified for SOC 2 Type 1 and was proceeding with work toward Type 2 certification in its February 2025 update.Read 5 Oct 2026 · translucent.io
- Support
- The product page lists live support to help customers get the most out of Translucent apps.Read 5 Oct 2026 · translucent.io
- Headquarters
- LinkedIn lists London as headquarters, with additional locations in Sydney and Cape Town.Read 15 Oct 2026 · uk.linkedin.com
- Founded
- LinkedIn gives 2022 as the founding year.Read 15 Oct 2026 · uk.linkedin.com
- Audit log
- Group bank reconciliations can be tracked with an audit log.Read 5 Oct 2026 · translucent.io
- Automatic reconciliation
- The Intercompany app automatically reconciles balances and supports one-click adjustments to Xero and QuickBooks.Read 15 Oct 2026 · translucent.io
- Bank reconciliation
- Group bank reconciliation matches a bank transaction in one entity to another entity's invoice from inside Xero.Read 15 Oct 2026 · translucent.io
- Company history
- The About page says Michael Wood started work on Translucent in 2022.Read 5 Oct 2026 · translucent.io
- Company incorporation
- Companies House records Translucent Ltd as incorporated on 10 May 2022 and engaged in software development.Read 15 Oct 2026 · find-and-update.company-information.service.gov.uk
- Company size
- LinkedIn reports a privately held company with 11–50 employees.Read 15 Oct 2026 · uk.linkedin.com
- Data deletion
- The terms say customer data is deleted at the next scheduled purge after account deletion or 12 months of inactivity.Read 15 Oct 2026 · translucent.io
- Documentation and API
- The Xero listing links a setup walkthrough and email support, but its support section does not publish an API or SDK reference.Read 15 Oct 2026 · apps.xero.com
- Entity capacity
- The product page advertises unlimited connected entities without an extra entity charge.Read 15 Oct 2026 · translucent.io
- Founder background
- The About page says Michael Wood founded Translucent after co-founding Dext, formerly Receipt Bank.Read 15 Oct 2026 · translucent.io
- Free tier features
- The Free tier includes loan-account and AP/AR discrepancy matrices for identifying intercompany imbalances.Read 5 Oct 2026 · translucent.io
- Free tier limit
- The Intercompany Free tier supports connecting up to four entities.Read 5 Oct 2026 · translucent.io
- FX journals
- The app can post foreign-exchange adjustment journals and balancing transactions into Xero or QuickBooks.Read 15 Oct 2026 · translucent.io
- Imbalance detection
- Loan-account and AP/AR matrices identify intercompany discrepancies between entities.Read 15 Oct 2026 · translucent.io
- Independent category
- The Firm categorizes it as consolidation and close software for accounting firms and in-house finance teams.Read 15 Oct 2026 · thefirm.media
- Independent directory status
- The Firm lists Translucent as unclaimed and says it has no reviews on that directory.Read 15 Oct 2026 · thefirm.media
- Independent feature summary
- The Firm describes automated consolidation, intercompany reconciliation, real-time group visibility, cash tracking and entity-wide search.Read 15 Oct 2026 · thefirm.media
- Licence
- The terms reserve intellectual-property rights in the services to Translucent or its licensors, indicating proprietary software rather than open source.Read 15 Oct 2026 · translucent.io
- Limit: independent verification
- CostofEntry reports that its author could not independently verify the vendor's advertised automatic reconciliation and unlimited-entity claims and recommends testing them during the trial.Read 15 Oct 2026 · costofentry.com
- Limit: provider changes
- The terms allow Translucent to modify or discontinue services and features at its discretion.Read 15 Oct 2026 · translucent.io
- Limit: service guarantees
- The terms provide the service as-is and disclaim guarantees that it will be uninterrupted, secure, error-free or accurate.Read 15 Oct 2026 · translucent.io
- Maker legal name
- The service terms identify the provider as Translucent Ltd.Read 15 Oct 2026 · translucent.io
- Notable update: auto-reconciliation
- On 17 October 2024 the changelog announced automatic intercompany transaction matching.Read 15 Oct 2026 · translucent.io
- Notable update: large groups
- On 21 January 2025 the changelog announced a larger intercompany matrix for groups of 20 to 200 entities.Read 15 Oct 2026 · translucent.io
- Praise: journal posting
- Reviewers say the product makes reconciling inter-entity activity and posting missing journals easier.Read 15 Oct 2026 · apps.xero.com
- Praise: onboarding and support
- Xero reviewers repeatedly describe onboarding, training and support as excellent.Read 15 Oct 2026 · apps.xero.com
- Praise: time savings
- Reviewers report substantial time savings for multi-entity and multi-currency reconciliation and less spreadsheet work.Read 15 Oct 2026 · apps.xero.com
- Rating on Xero App Store
- 5.0 out of 5 from 19 reviewsRead 15 Oct 2026 · apps.xero.com
- Recharge automation
- Users can create one-off or recurring invoice and journal recharge rules with custom calculations.Read 15 Oct 2026 · translucent.io
- Recharges
- Users can create one-off or recurring intercompany transaction rules with automated recharge calculations.Read 5 Oct 2026 · translucent.io
- Reconciliation
- It identifies intercompany discrepancies and supports one-click adjustments to Xero or QuickBooks.Read 5 Oct 2026 · translucent.io
- Security status
- A November 2024 changelog entry says SOC 2 certification work was completed and the final observance period was underway.Read 15 Oct 2026 · translucent.io
- User permissions
- Translucent supports unlimited users and granular permissions.Read 15 Oct 2026 · translucent.io
- Who it serves
- Translucent describes its audience as multi-entity finance teams and businesses.Read 5 Oct 2026 · translucent.io
- Xero data scope
- The Xero marketplace listing says Translucent imports transaction detail from every connected Xero entity into one dataset.Read 15 Oct 2026 · apps.xero.com
Plans and prices
Free Free Up to 4 entities · automatic intercompany mapping · identify imbalances · unlimited users Read 15 Oct 2026 · translucent.io
Pro (annual) $65 a year Per month, billed annually Unlimited users · one-click reconciliation · automated recharge rules · group bank reconciliation Read 5 Oct 2026 · translucent.io
Pro annual $65 a month billed annually Unlimited entities · one-click Xero reconciliation · automated recharge rules · group bank reconciliation Read 15 Oct 2026 · translucent.io
Pro (monthly) $130 a month Per month, billed monthly Unlimited users · one-click reconciliation · automated recharge rules · group bank reconciliation Read 5 Oct 2026 · translucent.io
Pro monthly $130 a month billed monthly Unlimited entities · one-click Xero reconciliation · automated recharge rules · group bank reconciliation Read 15 Oct 2026 · translucent.io
Strong points and limits
Strong points
- Finds intercompany discrepancies
- Supports one-off and recurring recharge rules
- Group bank reconciliations have an audit log
- Free tier supports up to four entities
Limits
- Free tier is limited to four entities
- Pro monthly billing costs $130 a month
- Type 2 certification was still in progress in the February 2025 update
Who it suits
It suits finance teams at multi-entity businesses that need to identify and reconcile intercompany imbalances. The Free tier supports up to four entities; Pro has unlimited users.
Verdict
Translucent Intercompany covers discrepancy identification, recharges, and group bank reconciliation, with a free tier for up to four entities. Compare the annual and monthly Pro billing options before selecting a plan.
Where Specifiction places it
- Intercompany Accounting Software#7 of 428.3
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