Foreign Exchange: How To See A Foreign Exchange Gain

Foreign Exchange: How To See A Foreign Exchange Gain

For starters – to know if Bullet has recorded a foreign exchange gain, you should look at Reports > Account Transactions > Foreign Exchange. This report shows all the gains/losses for each transaction.

In Bullet, the way we currently calculate Foreign exchange gain/loss is the difference between rates from the issue date to the payment date. So if you create a bill for one date, then create a payment for that bill separately for another date. Bullet will record a foreign ex gain/loss. For Invoices/Bills, Bullet does not record a foreign exchange gain/loss if they are marked as paid as they are created.