Tally Query Forec gain/loss
This query is : Resolved
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!
13 August 2021
Query about cracked version of software!!! Seriously???
I'm wondering what if tally guys see this post!!!!
I'm wondering what if tally guys see this post!!!!
26 July 2025
Hey! About your **forex gain/loss entry** issue in Tally ERP 9 cracked version:
---
### 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.
---
### 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.
---
### 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.
---
### 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.
---
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!
---
### 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.
---
### 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.
---
### 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.
---
### 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.
---
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!
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- Grand in aid
- ASMT-10 received from A O
- IT returns for fresh job holders
- ITR-Capital Gain
- Traces submitting correction statement error
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- Residential status of non resident
- CASH GIFT FROM BLOOD RELATIVE
- Account freezed for Ineligible ITC Scrutiny for GST Annual Return
- Rent claimed on building given on permissive possession basis
- TDS on property - Form 141 query
- Seeking Advice: High Tax Shortfall on Job Switch + Let-Out House Property Loss in FY 2025-26
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
