Conversion of currency...
This query is : Resolved
SANDEEP KUMAR
(Querist)
27 January 2012
My company had some Rupee got converted to Dollar.
Suppose the exchange rate of Dollar to Rupees is Rs 50.00.
I converted Rs 5000.00 to dollars with an Agency ABC LTD. (Cheque given in the name of Agency)..
What would be my J.E's .
It's urgent, Please revert
Suppose the exchange rate of Dollar to Rupees is Rs 50.00.
I converted Rs 5000.00 to dollars with an Agency ABC LTD. (Cheque given in the name of Agency)..
What would be my J.E's .
It's urgent, Please revert
CA Jayesh Shah
(Expert)
27 January 2012
I think their would no entry for the same. Its just conversion of your money from Indian currency to Foreign Currency.
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