Both sides previous revision Previous revision Next revision | Previous revision |
cats:procedures:currencies [2019/03/06 18:48] – [Entering Currency Rates] amanda | cats:procedures:currencies [2019/03/18 21:16] (current) – [Entering Currency Rates] amanda |
---|
Next, select **Add** from the toolbar menu to create a new position for the currency. | Next, select **Add** from the toolbar menu to create a new position for the currency. |
[{{:cats:procedures:futures:exchangetrades_addpositiononexchange.png|Select Add from the toolbar menu to create a new position for the currency}}]\\ | [{{:cats:procedures:futures:exchangetrades_addpositiononexchange.png|Select Add from the toolbar menu to create a new position for the currency}}]\\ |
| Enter details about the new exchange position here: |
Enter details about the new exchange month here: | |
* Enter the **Exchange** as **''CUR''**. | * Enter the **Exchange** as **''CUR''**. |
* Enter the **Product** as **''CAD''** (or your chosen currency code). | * Enter the **Product** as **''CAD''** (or your chosen currency code). |
* Enter a position date. | * Enter a position date. |
* Select **''Not an option''** from the drop-down menu. | * Choose **Not an option** from the drop-down menu. |
[{{:cats:procedures:currency:currencies_addingpositionontheexchange.png|}}] | [{{:cats:procedures:currency:currencies_addingpositionontheexchange.png|Enter details about the currency position to be added.}}] |
When finished, pick **Apply** to continue. | When finished, click **Apply** to continue. CATS will display the list of positions again. Select **Exit** to leave this area. |
| |
===Rates on Contract Items=== | ===Rates on Contract Items=== |
| Currency rates can be entered on fixed prices and differentials on individual contract items. This helps CATS calculate the default currency amount. |
| |
| <note tip>You can enter either a fixed currency rate **OR** use a currency position you have already added in the system. </note> |
| |
| While reviewing a contract item, choose **Price$** from the menu to change the fixed price on the contract item. |
| [{{:cats:procedures:currency:currencies_contractitem_selectpricefrommenu.png|Choose Price from the menu to change the fixed price on the contract item.}}] |
| |
| Enter a currency code in the **''CUR''** box. Then, you can enter either a rate in the **''Rate''** box OR a currency month in the **''Mn''** and year **''Yr''** boxes. In this example, we have entered **''CAD''** and **''5''** **''19''**, which means the currency rate for CAD for position 2019-05 will be used. |
| [{{:cats:procedures:currency:currencies_contractitem_yearmonthonfixedprice.png|Entering a currency code and month and year on an item.}}] |
| Choose **Save** from the menu above to save and continue. CATS will display the currency rate to be used in the P&L box above. |
| [{{:cats:procedures:currency:currencies_contractitem_rateandyearmonthshown.png|CATS will display the currency rate to be used in the P&L box above.}}] |
| |
| When viewing the list of contract items, you can also see which currency the item is priced in. |
| [{{:cats:procedures:currency:currencies_contractitem_currencyonitemlist.png|CATS displays the currency in the item list.}}] |
| |
| To change the differential price, select **Dffntl$**. |
| [{{:cats:procedures:currency:currencies_contractitemselectdffntlfrommenu.png|Select Dffntl$ to change the differential price on a contract item.}}] |
| |
| Enter a currency code in the **''CUR''** box. Then, you can enter either a rate in the **''Rate''** box or leave it blank to use the currency rate for the differential position. |
| [{{:cats:procedures:currency:currencies_contractitem_entercurrencyrateondiff.png|Enter a currency code and a rate or use the differential position month.}}] |
| Pick **Save** from the menu to apply and continue. |
| <note important>Remember, unless you are using a USD/Lb basis, the differential field is in dollars per unit, not in cents. </note> |
| |
| CATS will display the rate you have selected. |
| [{{:cats:procedures:currency:currencies_contractitemdifferentialpricerate.png|Reviewing the currency rate on the differential.}}] |
| |
| |
| |
===Rates on Invoices=== | ===Rates on Invoices=== |
===Rates on Broker Commissions=== | ===Rates on Broker Commissions=== |