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The following information pertains to the Forex module:
| • | Forex requirements less than or equal to 0 are not allowed. |
| • | Trading dates in the future are not allowed when editing or creating a Forex contract. |
| • | Only one fixed Forex requirement is allowed on a contract. On a contract next to the rate and its direction indicator, you see a check box labeled Fixed, to indicate the value for the field Rate Fixed. Of all Forex requirements on a delivery line (for the same internal company), only 1 requirement can be marked with Rate Fixed = Yes. |
| • | When entering hedge requirements, the default value of the Amount from field is the value of quantity * prices (as converted to contract currency) from the delivery line. |
| • | You will see a warning or an error when the total Forex requirement per delivery line does not match what is really required for each delivery line. |
| • | When a contract has a position on a different currency but doesn't have a Forex requirement yet, the cost calculations uses the current currency rate from Market Data. |
| • | On the cost sheet the following logic is applied when the currency of the cost item deviates from the internal company currency: |
| o | It uses the weighted average rate (in the case of multiple delivery lines) if the Forex requirement / Forex contract has the same currency. |
| o | It uses the currency curve rate when the Forex is not available for a cost item. |
| o | It uses a value that has been entered manually if values for Forex and currency curve are not available. This is because rates cannot be equal to zero. |
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