Exchange Fluctuation

Dear Sir,

My Company is a Software compnay and we raised an Export Invoice on 31/03/2010 and funds for this invoice we have received on 05/04/2010.

So, My question is:

When can I book Exchange Fluctuation Gain / Loss for the above Export Invoice? Shall I book Exchange Fluctuation Gain / Loss on 31/03/2010

Please give your suggestions.

 

Thanks / Regards,

Suresh Chandra.

Replies (1)

I THINK U HAVE TO CALCULATE GAIN OR LOSS ON CARD RATE

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