Exchange rate for export invoice

which exchange rate is considered in case of export invoice for accounting entry??
Replies (3)
Quick Summary
This discussion clarifies which exchange rate should be used for accounting entries on export invoices. The consensus is to use the exchange rate on the date of the transaction, typically the invoice date. It's also important to consider changes in foreign exchange rates between the transaction date and the year-end for accurate financial reporting.

Exchange rate at the date of transaction shall be considered
Means invoice date or shipping date or CBEC rate????
Invoice date shall be considered and for computation change in rate of foreign exchange rates value at the date of Transactions and value at the end of the year shall be considered and also CBEC rate shall be considered

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 21 September 2026
Consultant - Reporting

Finrep Advisors LLP

Mumbai

CA

View Details
Company
15 September 2026
Client-site CA associate

Aditya Muley and Co

Mumbai

CA

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
28 August 2026
Audit Manager

K A R M & CO

Mumbai

CMA

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
Featured 12 September 2026
Assistant Manager - Finance & Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
Article Assistant

MANUJ SHARMA AND COMPANY

Noida

CA Inter

View Details