☐ The above balance is NOT correct. Please indicate the correct balance and attach supporting details: $[___________]

[Subsidiary B / Department Name] FROM: [Subsidiary A / Finance Dept.] DATE: [Date] SUBJECT: CONFIRMATION OF INTER-COMPANY BALANCE – Q4 [Year]

If you send these letters frequently:

Discrepancies in accounts receivable or accounts payable can lead to severe cash flow issues and inaccurate financial reporting. Sending regular confirmation requests serves three primary purposes: