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Calculation & entry for import & export of product

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Querist : Anonymous

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Querist : Anonymous (Querist)
13 June 2013 Please tell me how to calculate forex gain/loss and in tally.erp9 software is automatically take forex gain/loss but don,t understand the base & calculation.
What is entry can pass in this situation.
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
16 June 2013 In Tally there is no option to automatic foreign exchange conversion, you can covert manually and make the journal entry

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