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Accountancy Forum The Profession Accounting and Audit v
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revaluation of AR

 
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revaluation of AR
IFRSbox.com
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#3
07-12-2010, 04:23 AM
Agreed.
To help you a bit more Look to the date of delivery of goods or service - that is the date of transaction. Then take the foreign exchange rate published by central bank of your client's country (e.g. if client is German, then you take ECB rate, etc.) for this date and translate the amount in EUR / GBP / whatever currency to your client's local currency.
Best regards
Silvia
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Messages In This Thread
revaluation of AR - by lakersbg - 07-01-2010, 07:29 PM
[No subject] - by Bugsy - 07-08-2010, 03:09 PM
[No subject] - by IFRSbox.com - 07-12-2010, 04:23 AM

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