Forex diff due to flactutatuon

To,

 

Dear All, 

 

material imported from foreign country and forex diff due to flactuation of rate. My question is wheteher to show it as forex rate diff or wuld i adjuste it from purchase amount.

 

plz guide

Replies (1)

It is PL item. Profit or Loss from Exchange Fluctuation. If it is profit show it in cr side of PL & if it is Loss then Dr. side

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