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Oct 22, 2013 at 10:27 AM

Clarification for Valuation postings through TPM1 for FOREX transactions Product type 60A

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Hi,

For USD/INR forward contract booked on 10.05.2013 with value date on 06.11.2013 @ forward rate 56.2911 and spot rate as 54.5411 . Swap rate maintained in table AT15 is 1.5 with 32 days.

The transactions details are shown as below:

We perform valuation postings on every month end (Mid year valuation with reset) , but we are not able to figure out the entries posted to GL accounts.

Exchange rate maintained for USD/INR as on 31.05.2013 is 45.06.

Kindly explain how entry posted for amount 1972457.63 INR.

Thanks.

Attachments

postings.JPG (16.7 kB)
transaction.JPG (49.5 kB)