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How to account for foreign exchange received in US dollars?
1. Foreign exchange can be collected only after export declaration.

2. There is no invoice for advance payment.

3. It needs to be filed with SAFE.

Debit: Bank deposit-USD account (converted at the exchange rate given by the tax at the beginning of the month). Both USD and RMB are registered at the same time. Foreign currency account page.

Credit: Accounts Receivable-Customer Name

When the dollar is settled,

Debit: Bank deposit-RMB

Borrowing or lending: financial expenses-exchange gains and losses

Loan: Bank deposit-USD account.