Forum Discussion

Wilhelmina1's avatar
Wilhelmina1
6 years ago

Forward contracts

We are a NZ based export company and have recently secured 5*forward contracts with staggered due dates for cash flow purposes. How do we account for them in the Multi Currency module of MYOB given t...
  • Wilhelmina1's avatar
    Wilhelmina1
    6 years ago

    Thank you for that. I have. Regards

    Willy

Steven_M's avatar
Steven_M
Former Staff

Hi Wilhelmina1 

 

I would recommend consulting with an accountant to ensure that you are using a process that meets your requirements and has the appropriate rates.

 

From an MYOB Support point of view, the rate of a transaction can be changed by selecting the rate next to the currency and adding in the desired rate. Our Help Article: Changing a transaction's exchange rate outlines that process.

Wilhelmina1's avatar
Wilhelmina1
6 years ago

Thank you for that. I have. Regards

Willy

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