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January 28, 2023
Question

Due to a exchange rate difference we did not receive the full amount from our client. Whats the correct way to account for it? So that it does not show as overdue?

  • January 28, 2023
  • 0 replies
  • 1 view
I made a journal entry and debited receivables and credited exchange rate loss/gain account. this worked. But the amount still shows a s overdue by the client. I added the client name in the journal.