Accounting for export

You are talking about Export Sale. In the regard make the invoices as per your PO basis otherwise you have to face the various observations regarding Export Invoices. Further any query plz forward the same.  

You should book the sale on FOB value (convert it in to INR as per exchange rate as on Invoice Date)

1) Customer A/c Dr

       To Export Sale  A/c

       To Frieght Account 

2)  when freight amount received from customer

Bank A/c Dr

To Customer account

3) When amount paid to C & F Agent

Freight A/c Dr 

To Bank A/c 

Please note that the exchange rate difference should be accounted seperatly in Income / Loss account.