Account's head

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
01 August 2011 Respected Experts

Please suggest/advice me

I want to open a ledger in tally but i m puzzle about that's head

ledger is

Short & Excess under ????????
Foreign Exchange Fluctuation under ?????????

please with explanation

02 August 2011 "Foreign Exchange Fluctuation" should be grouped under indirect expenses. If it is gain in any particular year, then change its grouping in indirect income.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
02 August 2011 Respected Friend
as you told me if gain/loss in particular year than it would be applicable
but
we do export monthly in some sales we get profit in Foreign Exchange Fluctuation and in some we get loss in one month transaction so and we have open that a/c in indirect income


but i m puzzle about that
if i gain than it's right
but if loss than it's wrong

so please


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 24 June 2026
ARTICLE ASSISTANT

BHUPINDER SHAH AND COMPANY

New Delhi

CA Inter

View Details
Company
24 June 2026
Senior Account (VA Client Operations)

Karbon Business

Bengaluru

CA Inter

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 10 July 2026
Article Assistant

N S Gokhale & Co

Thane

CA Inter

View Details
Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details