Why do foreign representative offices need exchange gains and losses when they receive remittances from foreign head offices?
For the representative office, if the expenses have been converted into tax, the foreign exchange remitted by the general foreign head office is the office expenses. For the financial expense account-exchange gains and losses, it is completely related to the accounting account originally formulated by the company. Generally speaking, I don't think it is necessary to record exchange gains and losses. We usually don't remember. It's not necessary.