02 August 2011
"Foreign Exchange Fluctuation" should be grouped under indirect expenses. If it is gain in any particular year, then change its grouping in indirect income.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
02 August 2011
Respected Friend as you told me if gain/loss in particular year than it would be applicable but we do export monthly in some sales we get profit in Foreign Exchange Fluctuation and in some we get loss in one month transaction so and we have open that a/c in indirect income
but i m puzzle about that if i gain than it's right but if loss than it's wrong