Thank you for reading this post, don't forget to subscribe! So loss on foreign currency valuation unrealized account return to balance sheet adjustment account. So this balance sheet adjustment account is nothing but that will be nullified. And, [...]
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So I’m going to maintain separate books of accounts, Doctor Reddy Labs Bulk drugs, Doctor Red Labs Pharma. In the books of Doctor Reddy Labs Bulk Drugs, I’m going to open Doctor Reddy Labs Pharma account, Intercompany account. So one [...]
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Okay, now you’ll see the next topic, which is posting rounding differences. When we clear foreign currency invoice documents, we might end up with rounding differences, so the differences has to be posted to a P&L G/L account. You can [...]
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Okay, now we will see this topic, which is reset AR cleared items. Now I’ll let you know what it is. Okay, I have to post a document for that, invoice document, let me quickly post it. Select the customer, put in the invoice date, put in [...]
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