Maintain Hedge Instrument

Maintain Hedge Instruments

This activity allows you to Hedge the Instrument for Funds

Select the “Maintain Hedge Instruments” activity under the “Hedge Instruments” business component.

The “Maintain Hedge Instruments"” page appears.

Enter the details in the following fields:

Transaction No.	The number identifying the Hedging Transaction.
Finance Book	Use the drop down list box to select the Finance Book. The combo would be loaded with Finance books mapped for the Login Organization Unit and Login User.

The system displays the following details:

Status

The status of the Hedging transaction.

Enter the following details:

Transaction Date	The date for the Hedging Transaction.
Instrument Type	Use the drop down list box to select the Instrument Type such as Bill of Exchange / Buyer’s Credit
Numbering Type	Use the drop down list box to select the Numbering Type for generation of Transaction No. The combo loaded with all the numbering type defined for the “Hedge Instrument” transaction and Defaulted with value returned by Numbering Class Component.
Transaction Type	Use the drop down list box to selectthe transaction type. The combo control would be loaded with “Supplier Payment” for Bill of Exchange & “Sundry Receipt” for Buyer’s Credit.
Currency	Use the drop down list box to select the Currency for hedging
Amount	The Amount to be hedged
Spot Rate	The Exchange rate between the Hedging Currency and the Base currency as per exchange rate type set in the function parameters as on system date.
Trigger Rate	The Rate which triggers the hedginghedding..
Forward Rate	The Rate which is agreed between the financial institution and the hedging party for hedging the instruments.
Forward Value	The Hedging amount multiplied by the Forward Rate
Contract Date	The date on which the hedging contract is effective
Settlement Date	The date on which the hedging contract is settled

Enter the following details in the Search Criteria Section:

Transaction OU	The Organization Unit in which the Supplier Payment voucher has been created
Bank Code	The bank code using which the Supplier Payment voucher has been created
Bill of Exchange Due Date From	The starting range of due date of the Bill of Exchange
Bill of Exchange Due Date To	The ending range of due date of Bill of Exchange.
Bill of Exchange No. From	The starting range of number identifying the Bill of Exchange.
To	The ending range of number identifying the Bill of Exchange.

Note: Bill of Exchange search criteria will be visible only when the Instrument type is bill of exchange.

Enter the following details in the Search Criteria Section:

Transaction OU	The Organization Unit in which the Sundry Receipt voucher has been created
Bank Code	The bank code using which the Sundry Receipt voucher has been created
Buyer’s Credit Due Date From	The starting range of due date of the Buyer’s Credit
Buyer’s Credit Due Date To	The ending range of due date of Buyer’s Credit.
Buyer’s Credit No. From	The starting range of number identifying the Buyer’s Credit
To	The ending range of number identifying the Buyer’s Credit.

Note: Buyer's Credit search criteria will be visible only when the instrument type is Buyer's Credit.

Click “Get Details” push button to fetch the Documents in the Multiline

The following details will be fetched in the Multiline.

Bill of Exchange / Buyer’s Credit Document No.

The Bill of Exchange No./ Buyer’s Credit No. is displayed in the document no.

Note:The caption of this column will be dynamically displayed based on the instrument type displayed.

Amount	The Bill of Exchange amount of the Payment Voucher / Buyers Credit Amount of the Sundry Receipt.
Currency	The Currency in which the Bill of Exchange / Buyers Credit has been created
Exchange Rate	The Exchange rate used during Supplier Payment / Sundry Receipt.
Covered Amount	The Amount Already covered under Hedging.
Uncovered Amount	The Amount not covered under Hedging.
Currency Apportionment Amount	The Amount to be covered under current Hedging transaction.
Deferred Premium	The difference between the Currency Apportioned Amount multiplied by Forward Exchange Rate *and* Currency Apportioned Amount multiplied by Bill of Exchange’s Exchange Rate
Deferred Discount	The difference between the Current Apportioned Amount multiplied by Bill of Exchange’s Exchange Rate *and* Current Apportioned Amount multiplied by Forward Exchange Rate
Cost Center	The Cost center mapped to the Hedging Discount or Hedging Premium Account
Analysis Code	The Analysis Code mapped to the Hedging Discount or Hedging Premium Account
Sub Analysis Code	The Sub Analysis Code mapped to the Hedging Discount or Hedging Premium Account
Voucher No.	The Supplier Payment Voucher No. (when the instrument type is Bill of Exchange) / The Sundry Receipt Voucher No. (when the instrument type is Buyers Credit)
Transaction Type	Supplier Payment Voucher (when the instrument type is Bill of Exchange) / Sundry Receipt Voucher (when the instrument type is Buyers Credit)
Transaction OU	The OU in which the Supplier Payment Voucher / Sundry Receipt Voucher has been generated
Transaction Date	The Date in which the Supplier Payment Voucher / Sundry Receipt Voucher has been generated

Click Compute Push Button to compute total deferred Premium / Deferred Discount.

The system displays in the following field:

Deferred Premium	The sum if deferred premium computed in all the lines.
Deferred Discount	The sum if deferred discount computed in all the lines.

Enter the following in Journal Voucher Information section:

Numbering Type	Use the drop down list box to select the Numbering type for generating the Journal Voucher for the hedging transaction. The Combo Control Loaded with Numbering types defined for "Journal Voucher" Transaction for the OU,
Voucher No.	The auto generated Journal Voucher No. for the Hedging entries would be displayed here.
Discount / Premium Vouchers	All the voucher auto-generated for the entries from Deferred Premium / Deferred Discount to Actual Premium / Actual Discount on Hedging transactions for all the period end dates from contract date to settlement date. A New section will be opened on data hyperlink of these Vouchers.
Journal Voucher No.	The Journal voucher No. auto-generated for the transfer of Deferred premium / discount on hedging to actual premium / discount on hedging
Date	The period end date of the respective vouchers.
Currency	The Base currency of the login Ou’s Company
Amount	The apportioned amount for the period of the respective journal voucher
Status	The Status of the Journal Voucher.

Click the “Save” pushbutton to Save the Hedging transaction.
Click the “Save and Authorize” pushbutton to authorize the Hedging transaction.
Click the “Delete” pushbutton to delete the Hedging transaction.
Click the “Reverse” pushbutton to reverse the Hedging transaction.

The system displays in the following field in "Data History" group box:

Created By	The login ID of the user who maintained the Hedge transaction details.
Created Date	The date on which the Hedging transaction was maintained.
Last Modified By	The login ID of the user who modified the Hedging transaction details.
Last Modified Date	The date on which the Hedging transaction details was modified.