The reflection of the transaction of purchase of currency by the enterprise is based on the purposes of its acquisition. The firm can dribble in foreign currency to pay for travel expenses, import contracts, repay a loan in foreign currency, pay salaries to an employee of a foreign representative office, and other purposes.
Instructions
Step 1
Take into account in the accounting transactions on the purchase and sale of currency on the basis of clause 11 of the Regulation of the Ministry of Finance of the Russian Federation No. 33n "Organization's expenses" PBU 10/99 of 1999-06-05, as well as clause 7. Regulations of the Ministry of Finance of the Russian Federation No. 32n "Income of the organization" PBU 9/99 of 1999-06-05.
Step 2
Transfer the ruble funds to the bank account to purchase foreign currency. Reflect this operation in accounting by opening a debit on account 76.5 "Settlements with other creditors and debtors in rubles" and a credit entry on account 51.
Step 3
Specify the details of the bank and the contract for the purchase of currency. You can also use account 57.1 "Transfers in transit in rubles", but it will be less effective, since it does not provide for analytical accounting. In this case, it will be impossible to reflect at the same time currency purchase transactions performed in different banks or under different agreements. Form a record in the accounting department when posting a statement.
Step 4
Wait until the bank acquires non-cash foreign currency and transfers it to you to the current foreign currency account of the company. Receive from the bank a statement and documents indicating the currency purchase rate. Reflect this operation in accounting by opening a debit on account 52 "Currency accounts" and a credit on account 76.5 "Settlements with other creditors and debtors in rubles."
Step 5
Convert currencies into rubles according to the exchange rate of the Central Bank of the Russian Federation on the date of receipt of funds. Write off the resulting difference in the purchase rates of foreign exchange and the Central Bank of the Russian Federation to account 91 "Other expenses and income". Indicate in tax accounting this transaction as unrealized income or expense based on paragraphs. 15 clause 1 of article 265 of the Tax Code of the Russian Federation.
Step 6
Include in other expenses the amount of the commission, which is charged by the bank for carrying out the currency purchase operation. Pay the bank's commission by opening a debit on account 76 and a credit on account 51 or 52. Take the bank's commission to the debit of account 91 and credit of account 76.
