12-21-2003, 02:49 PM
Dear ahmad
Kindly state the kind of the company and nature of your business. and the terms of transaction (i guess its juss like telling doctor that i have pain without telling him where the pain is.. just kidding)
Do u provide services or sale ur goods or its import export. Generally u may have two options, ( subject to what u tell me abt my questions) .
You may translate the foreign currency to local currency at the exchange rate prevailing at the date of transaction ( which is the date when as when ur business transation is completed and not when money is transferred)
(Others plz check it with this.......)
Kindly state the kind of the company and nature of your business. and the terms of transaction (i guess its juss like telling doctor that i have pain without telling him where the pain is.. just kidding)
Do u provide services or sale ur goods or its import export. Generally u may have two options, ( subject to what u tell me abt my questions) .
You may translate the foreign currency to local currency at the exchange rate prevailing at the date of transaction ( which is the date when as when ur business transation is completed and not when money is transferred)
(Others plz check it with this.......)
