The invention discloses an intelligent balancing lever compensation method and a balancing lever machining process using the same, relates to the field of automobile parts machining, and aims at solving the problem that mass unqualified or scrapped products appear as existing balancing lever production data feedback is not timely and process parameters cannot be adjusted timely. The key point of the technical scheme is that a feedback mechanism is arranged to acquire and feedback balancing lever parameters, a numerical-control mechanism is connected with a balancing lever machining device andused for controlling the balancing lever machining device, acquiring balancing lever production parameters through the feedback mechanism, and controlling the machining device to automatically correctthe machining actions by utilizing the numerical-control mechanism according to the production parameters so as to improve process parameters. The method and the process are capable of improving thebalancing lever machining precision and efficiency and effectively preventing the products from being massively unqualified or scrapped.