Currency Futures Contracts can be created from Sales Invoices/Delivery Agreements and Purchase Order/Receipt Agreements. This chapter illustrates how to create a Currency Futures Contract from a Delivery Agreement; however, the functionality is similar from the purchase point of view.
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A flow chart on how to create a futures contracts can be found here. |
Create CFC
Start by creating and filling out a Delivery Agreement. Note that it is possible to create the futures contract at any time (even if the lines have not been filled out). However, it is recommended to create the futures contract when no further changes to the delivery agreement are expected.
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Note that when partially posting sales orders and purchase orders, futures contract must be created per posting (invoice) – see the Tax Act. |
Other Actions
The following CFC Actions can be found on ribbon.
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