Foreign Exchange Rate

This query is : Resolved 

16 January 2009 A payment has been done for a expense of 1500$ on 10DEC08 but Bill was recieved on Date 28 Dec 08. Than which date rate should be taken into consideration.

22 January 2009 When creating a provsion for quaretr ended decemebr, 28th Dec date need to be considered.
Payment date is to be considered for booking payment entry...
Difference will be exchange fluctuation...

But net impact would be same. Only account head will change...



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

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries