Mansi Mhapsekar (158 Points)
12 May 2018
prasad Nilugal
( GST Practitioner & Accounts )
(14654 Points)
Replied 12 May 2018
you have to open 1) Exchange difference A/c (gain) under Indirect income A/c 2)Exchange difference (loss) Indirect loss A/c ..
If profit shown in exchane gain a/c or loos show in exchane loss a/c
Also please refer AS 11
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
