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(Querist)
21 May 2011 if a company maintain a account in foreign currency & make & receive payments in that account to creditors & from debtors, is there a need to calculate exchange difference on each transaction or just at the end of the financial year,
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Pankaj Gandhi Jaiswal

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Pankaj Gandhi Jaiswal (Expert)
05 June 2011 In each payment and receipt settlement

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