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Former Member

Valaution entry

one of My client is implementing foregein currency loan from USDto INR.

how to configure this in Account detrmination the below entry for the Loans ( money market)

This entry for the should come at the time of valuation.


Long term forex loan A/c Dr To unrealized forex gain/loss A/c. (Against closing RBI FX rate & draw down rate)

please respond ASAP.



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