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Exchange rate difference in GR and IR or GR and GR reversal

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Hi Experts,

 

Please help me with the below case:

 

GR - 1000 quantity - 100 USD - 110 MXN (exchange rate during month of January)

IR - 1000 quantity - 100 USD - 120 MXN (exchange rate during month of April)

 

Can you please let me know how to knock off the exchange rate difference? Or weather it is required to do so? If not, why?

 

Similarly,

 

GR - 1000 quantity - 100 USD - 110 MXN

GR reversal (102) - 1000 quantity - 100 USD - 120 MXN

 

Can you please let me know how to knock off the exchange rate difference? Or weather it is required to do so? If not, why?


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