Process prior period inter-company subrogation-related adjustments

Trigger: Identification of a prior period subrogation recovery or discrepancy requiring reallocation between internal corporate entities initiates the process.

1. Identify prior period subrogation discrepancies
2. Determine inter-company allocation requirements
3. Calculate adjustment amounts for affected entities
4. Draft inter-company journal entries
5. Route entries for financial approval
6. Post adjustments to the general ledger
7. Reconcile inter-company subrogation accounts

Outcome: Inter-company accounts are fully reconciled and subrogation adjustments are accurately posted to the general ledger.