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[Music] hey guys welcome back to our channel accounts guru cool learn accounting online so now in this video we are going to discuss about how to do the inter company reconciliations when its a downstream says that the sales is from the holding entity or parent entity and the subsidiary is purchasing the material from the holding entity so in that case how we have to do the recalculations and what we have to be keep in mind when we are doing the reconciliations so here what we are going to discuss so we have considered one uh as a holding entity thats from the u.s base and your subsidiary is in india and now when you have the two different uh books currency and you have to do the reconciliation for that and how its going to be work and what you have to do for that reconciliations and how you have to do the reconciliation thats all we are going to discuss in this video so request you was to watch the video till the end like the video share the video and subscribe our channel to get