04 October 2015
How to remove unrealised exchange gain or loss from tally balance sheet. When creating a new company for next year . I am getting the above as opening balance difference after transfer of clo
ising balances
05 October 2015
That is why I asked WHICH GROUP YOU HAVE GIVEN TO "unrealised exchange gain/loss"
See try to note the fundamentals....expenses/payments are of 2 types a. which find place in Profit and loss account b. which find place in balance sheet
The figures in balance sheet will get carried forward to next accounting year
It means if you do NOT want "unrealised exchange gain/loss" to get carried forward to next accounting year, debit it ot Profit & Loss account of last year
CAclubindia
