This activity is used to enter the transaction details of currency forward contracts. In a currency forward contract, two parties agree to transfer a given amount of a currency at an agreed rate on a given date. This activity involves entering details such as amount, counterpart (the other party to the contract), whether the currency which is traded flows in or out and the swap rate. This automatically updates the resulting cash flows once the cash flows resulting from a currency forward contract is entered, and can only be removed by deleting the transaction details entered when carrying out this activity.
This activity requires that the Cash Flow Type FX FORWARD exists.
A currency forward contract entered generates two cash flows on the same date. One "In" flow in Contract Base Currency if the contract is "In" and one "Out" in Contract Price Currency if the contract is "In". The Manual Cash Flow page is automatically updated when a new contract is saved.