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Unrealised Gain & Loss (Revised)

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At Foreign Currency Reports, the rate shown in the Transaction Listing is not the rate as at the last day of the accounting period.

1) To key in the exchange rate as at the last day of the accounting period

User has to key in the actual exchange rate as at the last day of the accounting period to capture the unrealised gain or loss, eg :

  • Outstanding debtors (foreign amount)
  • Outstanding creditors (foreign amount)
  • Bank balance (foreign amount)
  • Cash (foreign amount)

2) To select default Unrealised Gain / Loss A/C No. at Transaction setting

3) To generate Unrealised Gain / Loss journal entry

System will AUTO post journal entries for the unrealised gain / loss amount based on the following report.

4) Print Ledger – Difference In Exchange

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