Translation gain/ loss — OpenTuition Forums

ZZainb8y ago

Hi sir, I am really confused when to put translation gain/loss under gre and when under oce? Referring to q ribby , hail and zian (june 8) in kaplan kit I thought the exchange difference should always be under oce however in this q i saw it under gre Plz clarify my mis understanding Thanks

P2-D2Tutor8y ago#1

Hi, Technically, the exchange gain/loss on translation of the overseas subsidiary goes through OCE. Any exchange differences on translating an overseas item in the overseas subsidiary will go through profit or loss. Thanks

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