Forward Contract for foreign exchange

[sourabh_muthreja]

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

[former_member198450 · Accepted solution]

Hi,

Please use 60A product type with 102 transaction type.

Regards,

Jain

[grigoriy_babitskiy]

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