Forward contract
This query is : Resolved
13 July 2012
Hi all,
Being a seller of forward contract do we need to book the losses/gains in our books.
Thanks in advance
Being a seller of forward contract do we need to book the losses/gains in our books.
Thanks in advance
04 August 2012
The profit or loss will be derived only after the end of contract period. So you need to book the loss or profit in your books at that time only.
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