Tally Query Forec gain/loss

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This query is : Resolved

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This discussion addresses issues with automatic forex gain/loss entries in Tally ERP 9, particularly concerning a cracked version. These entries are system-generated adjustments for exchange rate fluctuations on foreign currency transactions and cannot be deleted directly. To resolve this, users should check and correct outstanding foreign currency bills, reconcile exchange rates, or alter underlying transactions. The advice also suggests that using a genuine Tally version might prevent such anomalies.

Sayuj Kshetri

Sayuj Kshetri (Querist)
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13 August 2021 Does anyone here use tally erp 9 crack version (cracked by pinoyak0)? if there is anyone, i need help regarding forex gain/loss entry coming out of nowhere and spoiling my trial balance. I cannot delete it as tally does not allow deletion of the said forex gain/loss entry. Please help!

CMA Poornima Madhava

CMA Poornima Madhava (Expert)
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13 August 2021 Query about cracked version of software!!! Seriously???
I'm wondering what if tally guys see this post!!!!

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
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26 July 2025 Hey! About your **forex gain/loss entry** issue in Tally ERP 9 cracked version:

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### Why Forex Gain/Loss Entries Appear?

* Tally automatically creates **Forex Gain or Loss** entries when you have foreign currency transactions and there is a difference due to exchange rate fluctuations on outstanding foreign currency balances (like unpaid bills, foreign creditors, debtors).
* This is a **system-generated entry** to adjust the accounting books so that your local currency balances reflect the latest exchange rate.

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### Why Can't You Delete the Forex Gain/Loss Entry?

* These entries are system-generated **adjustment vouchers**.
* Tally restricts deleting these because they are linked with your foreign currency ledger and outstanding transactions.
* Deleting them manually can cause imbalance in your books or mismatch with foreign currency ledger balances.

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### How to Fix or Manage Forex Gain/Loss Entries?

1. **Check outstanding foreign currency bills:**

* Go to Display → Account Books → Ledger → Select foreign currency ledger → Press Alt+F1 (Detailed view) → Look for foreign currency bills and their balances.
* If the exchange rates or bill dates are incorrect, correct them.

2. **Reconcile exchange rates:**

* Ensure that exchange rates entered in transactions and the base currency are consistent.
* If exchange rate has changed, let the system create adjustment entry, but ensure it matches actual forex exposure.

3. **Voucher Alteration:**

* You cannot delete the forex gain/loss entry, but you **can alter the exchange rates or the underlying foreign currency transactions** to correct the amount.

4. **Reverse and Re-pass entries carefully:**

* Sometimes, if you identify a wrong forex adjustment voucher, you can create a contra voucher to nullify it.
* But be cautious — improper reversal can spoil accounting integrity.

5. **Check for Tally version issues:**

* Cracked versions sometimes behave abnormally or block editing certain vouchers.
* Consider upgrading to a legal version to avoid such restrictions and get better support.

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### Summary:

* Forex gain/loss entries are automatic adjustment vouchers in Tally.
* You **cannot delete** them directly.
* Fix underlying foreign currency transactions or exchange rates.
* Check foreign currency outstanding bills and reconcile.
* If stuck due to crack version issues, consider a genuine licensed copy.

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If you want, I can help you with step-by-step instructions to check foreign currency ledger or reconcile forex transactions. Just let me know!

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