Easy Office
LCI Learning

Foreign Exchange loss or Gain

This query is : Resolved 

01 June 2008 We are importing Raw Material based on prevailing Rate agreed with supplier,after importing the material while we make payment to supplier, the exchange loss or gain arises.Can we adjust the loss or gain on foreign exchange through purchase A/c which arises on that transaction.

Please advise me the best practice regarding the issue.

02 June 2008 quarduplicate

05 June 2008 whever u have problem, call me are sms me on 09424515253. through chat we can solve problem. (I am account teacher since 20 years. So many my student get rank in CA Exams.) SUBJECT OF EMAIL SHOULD BE "ONLINE ACCOUNT STUDENT AVAILABLE"




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




Answer Query