If your company is dealing in export/import and then it is become necessary to make export/imports bills and entry in a foreign currency. it is also very important to effect profit/loss on each foreign transaction and if you don’t’ enter export/import in a foreign currency then you have to do this job manually.
However, Tally.erp 9 makes it easy to record such transaction.
Here I have uploaded a file to the rapidshare at the following link through which you can know how to create necessary ledgers for recording forex transaction
Please don’t forget to come back. within couple of days, I will let you know how to make entries in a foreign currency and also how to make journal entry TO EFFECT THE PROFIT/LOSS ON FOREX