Exchange rate flucation
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 June 2013
How to made entery in accounting software exchange rate flucation and which difference calculate
08 June 2013
Journal entry can be passed
difference between rate adopted at the date of initial recognition and date of payment can be recognised as exchange difference
refer ACCOUNTING STANDARD 11
RBI RATES CAN BE FIND IN BELOW LINK
https://www.rbi.org.in/scripts/referenceratearchive.aspx
difference between rate adopted at the date of initial recognition and date of payment can be recognised as exchange difference
refer ACCOUNTING STANDARD 11
RBI RATES CAN BE FIND IN BELOW LINK
https://www.rbi.org.in/scripts/referenceratearchive.aspx
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