外币交易发生日的初始确认及会计分录处理（Initial confirmation of foreign exchange transaction and accounting entry processing）.doc

外币交易发生日的初始确认及会计分录处理（Initial confirmation of foreign exchange transaction and accounting entry processing） The foreign currency transactions, should be in the initial recognition of the approximate exchange rate or spot exchange rate of the transaction date spot exchange rate will be the amount in a foreign currency into amount, according to the relevant account currency level after conversion; in the registration of functional currency account at the same time, in accordance with the amount of foreign currency registration corresponding foreign currency account. The enterprise usually uses the spot rate for translation. The spot rate generally refers to the central parity of the RMB exchange rate that was announced by the peoples Bank of China on that day. However, simple currency exchange transactions in the enterprise or involving currency exchange transactions, and only the middle price does not reflect the currency trading, should be in accordance with the actual transaction by exchange rate (i.e. bank price or price discount). When the exchange rate changes little, the enterprise can adopt the approximate exchange rate of the spot rate to simplify the accounting. The approximate exchange rate of the spot rate is the exchange rate determined by the system in a reasonable way, similar to the spot exchange rate of the transaction, and usually adopts the current average exchange rate or the weighted average exchange rate. [case 1] a company is a general taxpayer of value added tax, the bookkeeping base currency is RMB, and its foreign currency transactions are translated at the spot exchange rate at the trading day. In March 2nd 20x9, a company to purchase raw materials from abroad company B, payment of 300000 dollars, the spot exchange rate at the date of $1 = RMB 6.83 yuan, import tariffs in accordance with the provisions should pay RMB 204900 yuan, import VAT payment of RMB 348330 yuan, payment has not been made, import tariffs and value-added tax has been paid