What if i haven't received payment yet ? It will still re-evaluate the closing balance for my receivable account at the new rate at end of year and show as unadjusted forex gain
Yes, the currency in the party ledger can be in INR wherein in the while passing the transactions the currency respective to the party ledger to be specified. Refer the help article help.tallysolutions.com/tally-prime/accounting/multi-currency/ for more details.
Hope you have added a feature in 3.0.1 show registration type ie regular, composition, unregistered and consumer with its set effective date in F8 columnar sales details.. please reply asap
was really helpful got the whole concept of adjustment from this. it was neat and clear explanation. thank you so much
What if i haven't received payment yet ? It will still re-evaluate the closing balance for my receivable account at the new rate at end of year and show as unadjusted forex gain
But stil in Balance Sheet Unadjusted Gain/loss is open
You have created the Party Ledger in INR currency in this video, is it correct way for accounting of forex transactions?
Yes, the currency in the party ledger can be in INR wherein in the while passing the transactions the currency respective to the party ledger to be specified.
Refer the help article help.tallysolutions.com/tally-prime/accounting/multi-currency/ for more details.
thanks to help me out
Hope you have added a feature in 3.0.1 show registration type ie regular, composition, unregistered and consumer with its set effective date in F8 columnar sales details.. please reply asap
annoying background music :|