dear friends,
here i having a problem while doing foreign currency postings.
problem: i have to pay foreign vendor. on april 25 i purchased from vendor and got payment due for one month time. and i made a provision for the payment. that time the dollar rate is 50. after one month when i am making payment to him the dollar rate is 45. here normally i will get a forex profit of Rs 5 on every dollar and that should be posted automaticallly when i am posting payment to vendor. how it should be posted automatically to forex profit a/c and updated. tell me the clear configuration.
thanking you
SRK