Easy Office
Easy Office

Foreigh consultancy earnings.

This query is : Resolved 

09 August 2009 If someone is providing consultancy services to outside india and receiving the fees in dollar.
But my question is that if invoice are issued to the clients also in foreign currency .Then what shall be the treatment of difference between currency fluctuation between the date of issue of invoice and receipt of $ while calculating PGBP?

10 August 2009 As per AS 11 that difference will be credited to or debited to foreign exchange gain/loss a/c



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries