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query regarding journal entry

Former Member
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Hello freinds

I have a query with regard to a journal entry...can you please answer my query on this because i am not a accounting back ground person..

Kindly advise what is the journal entries for below scenario which transactions is in different currency.

Bank A (INR account) transfer RM 2 mil  to Bank B (USD account) account under same company code.  Assume my company code is 3456.

thanks and regards


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Answers (1)

Answers (1)

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Hi Anand

You have to post it in USD currency and change the INR manually (depends on bank Rate).

entry would be

Doc Cur:USD, CCD : 3456

Bank B (USD)......Dr.

Bank A (USD)...........Cr.

after simulate Click on More Data Check the INR currency amount....

Thanks & Regards