Realized Gain/loss

Finance and Operations/AX User Forum
1

Hi Friends,

what journal entry system will pass while running Exchange Adj.

Thanks

Ravi

2

Hi Ravi,

Entry will be like this.

Bank / Customer Dr

to Disposal Sale - Main Account Cr. (Generally Gain / Loss on sale a/c)

Further entry from the GL set in Disposal Parameter - sold form

Gain / Loss A/c Dr, (Account set in offset account)

to Fixed Asset Cr. (Account set in Main Account)

Same Gain / Loss Account required to be set at two places to have net impact.

Regards,

Jainal