Hello Experts,
Is it still possible to change the spot rate of the forward transaction after the contract has already been settled and paid?
Normally, the gain/loss is normally calculated based on spot rate vs the forward rate of the FX contract entered but if a contract has already been settled, the spot rate field can no longer be changed. Ive thought of changing the exchange rate basis using Assign Forex attributes but this wont work since every contract may have different spot rate for the same currency. Ive tried changing the Define Field Selection but it doesnt seem to work.
Can you please advise?
Thanks,
Katherine