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Currency Futures Contract Page
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    • Currency Futures Contract Page

    Owned by Agnes Sigurþórsdóttir (Unlicensed)
    Last updated: Jan 06, 2023 by Arna María Ólafsdóttir (Unlicensed)
    3 min read

    Currency Futures Contract Overview

    All Futures Contracts can be found in the list Currency Future Contracts.

    Use the Currency Future Contract – Detail FactBox to get a quick overview of each contract.

    More detailed information about the each contract can be found on the Currency Future Contract page.

    General Tab

    Following information can be found on the General tab on the futures contract

    • The currency and whether it relates to the sale or purchase of currency.

    • Information about Documents linked and posted to the contract.

    • The remaining amount that is the difference between bank amount (payments) and the posted document amount (in currency). The remaining amount is updated:

      • When changing futures contract amounts.

      • When posting invoices and linking Credit Memos to a Currency Futures Contract.

      • When unlinking Documents (e.g. when an incorrect credit note has been "linked" to a futures contract).

    Bank Tab

    In the event of an integration with the bank, the information under the Bank tab on the contract will be filled in automatically. Without bank integration, the following should be filled in (delivered in the bank's contract):

    • CFC No.

    • Due Date

    • Forward rate

    • Amount and Amount (LCY)

    Transaction type will be “Forward”.

    Posted Documents Tab

    Information about the posted invoice can be found on the Posted Documents tab on the futures contract. The lines are filled in when the invoice is posted. If the lines are empty, this means that the futures contract has been created from a planned document such as delivery agreement, sales order, etc. and that this planned document has not yet been posted.

    Linked Documents Tab

    If the document was created from a non-posted document (such as sales order or delivery agreement as mentioned above in Posted Documents Tab) as a planned document, information about this can be found under the Linked to Documents tab. Additional fields can be shown if needed.

    Misc. Tab

    The Misc. tab shows additional information such as change information, global dimensions, how many times you have sent the document by e-mail, etc.