Skip to Content
S M

Forward Contract for foreign exchange

Hi Gurus,

I am currently working on one of the Treasury implementation projects and need an assistance in the scenario mentioned below... Which product type is to be taken in this c

SCENARIO :

In case of foreign exchange liabilitie, takes forward contract as an instrument of hedging.

The process of forward contract is as below:

Work Step Description







1 Create a forward cover transaction, with the amount of foreign currency, rates etc.







2 Posting of Payment due to the bank to square off the deal


3 Run Valuation



Add comment
10|10000 characters needed characters exceeded

  • Get RSS Feed

2 Answers

  • Best Answer
    Jan 24, 2017 at 07:15 AM

    Hi,

    Please use 60A product type with 102 transaction type.

    Regards,

    Jain

    Add comment
    10|10000 characters needed characters exceeded

  • Jan 24, 2017 at 07:15 AM

    You need 60A "Foreigh exchange" product type and 102 "Forward Transaction" Transaction type.

    Add comment
    10|10000 characters needed characters exceeded