Difference between Intercompany and intracompany?

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Intercompany refers to transactions between two or more companies within the same group, while intracompany refers to transactions within the same company.

Intercompany transactions involve entities that are part of the same corporate group.
Intracompany transactions occur within a single company.
Intercompany transactions are typically eliminated during consolidation to avoid double counting.
Intracompany transactions are recorded in the company's internal accounting records.
Example of intercompany transaction: Company A sells goods to Company B, both of which are subsidiaries of Company C.
Example of intracompany transaction: Company A's manufacturing division sells products to its sales division.

Difference between Intercompany and intracompany?

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