Foreign exchange loans received: bank deposits-foreign currency

Credit: accounts receivable

Foreign exchange settlement and borrowing: bank deposits-local currency

Loans: bank deposits-foreign currency

Direct foreign exchange settlement received: bank deposit-functional currency

Credit: accounts receivable

According to the new accounting system, all foreign currency transactions are accounted for at the spot exchange rate (that is, the current day), and exchange gains and losses are calculated at the end of the period (the end of the month). The accounting method of 1 at the beginning of the month is no longer used.

situation

What is the exchange rate for bookkeeping after receiving dollars?

First, according to the exchange rate at the beginning of the month.

Because the exchange rate at the beginning of the month (65438+ the 0 th day of the month) is different from the settlement exchange rate of the day, there will be differences and it will be recorded as "financial expenses".

Two, according to the exchange rate of the day:

Upon receipt of USD:

Debit: USD (exchange rate for settlement of foreign exchange) and RMB (filled in according to the amount after settlement of foreign exchange)

Credit: accounts receivable

Debit: Bank deposit-RMB account

Tip: Pay attention to the use of foreign currency vouchers.

How to record the foreign currency exchange rate received as accounting learning materials is so much.