Quantcast
Channel: SCN: Message List - SAP ERP Financials - Treasury Applications
Viewing all articles
Browse latest Browse all 5623

Re: Physical Delivery / Settlement of commodity forwards - processing

$
0
0

Thanks Juerg, I understood your point.

 

By reading you reply, it will be difficult in our following scenario:

 

We entered into Commodity forward for purchasing 100 units at Rs.100 per unit and forward date is 7th May 2013.

 

There is Commodity forward (for same commodity mentioned above) for sale of 100 units at Rs.120 per unit and forward date is also 7th May 2013.

 

All terms in both the contract are same, except price and one is contract is purchase, other is sale.

 

We create both the commodity forward in FTR_CREATE under 80C. Now we decided that, we are closing this forward by setting off the above two contracts and do cash settlement.

 

I tried for TPM91, but its for commodity futures.

 

I tried using cash settlement in FTR_EDIT. But I will have to do cash settlement twice (for closing both the contracts). Hence there will be gain (on account of cash settlement) two times.

 

So please tell me, how to go about it.

 

--MG.


Viewing all articles
Browse latest Browse all 5623

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>