Virtually every enterprise there are various currency transactions.And about the bank and other financial institutions sin to say, because there is almost all activity is based on a similar activity.Of course, they have to somehow declare.This has always been an accountant and chief accountant.These people must have special education to know how to organize the accounting of foreign currency transactions.Otherwise, the company or the bank may have problems with the various services.
Accounting and analysis of currency transactions involves the whole organization system, which has its own rules, methods, and principles.For example, every action must be taken into account at a certain bank.So, on the 52nd entitled "Currency accounts" have to be shown such an operation as the write-off / sell foreign currency.
should be said that at the legislative level are absolutely no restrictions on the fulfillment of the procedures of this type between residents and non-residents.However, taking into account foreign exchange transactions very strictly controlled, and any mistake can be very costly.Therefore, every accountant must carefully carry out their work.
Accounting for foreign currency transactions has some peculiarities.First of all it concerns the fact that there is the need for translation of assets and liabilities in national currency.It should also be taken into account foreign exchange differences, which are formed as a result of the recalculation.
should be noted that in any enterprise accounting of foreign currency transactions should do in some cases.First of all, it concerns the fact, for example, when an enterprise buys or sells goods or services whose prices are quoted in foreign currency.That is going on keeping import operations.Accountant creates a separate account that all the actions and conduct.For example, records of foreign exchange operations should be organized as a business entity receives a loan in foreign currency, or vice versa, it repays.Also, there is still a huge number of examples of when to conduct such an account, but, in practice, described the situation are the most common.
way, keeping foreign exchange operations should be carried out at the current rate of exchange, which is called a "spot".That is, if the transaction was carried out of 12 and an accountant started 14 numbers, then it should be carried out at the rate of 12, that is to focus on the transaction date.
At the end I would say that if you have no special economic education, you will not be able to keep records of foreign exchange transactions simply because they will not know how to do it.In this case, you can not just learn, then be sure to understand what needs to be done and how going on, for example, the withdrawal of funds.That is why every company has an accountant who ensures that all transactions have been properly carried out, and there were no errors.
