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Valuation of forward contract

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Dear All,

 

We have a requirement, where the customer wants to valuate forward contracts by amortizing the premia/swap rate for expired days to unrealized gain account. How to do this?

 

How to setup the accounting to make this scenario?

 

The entry which is required is

" FC premia amortization account Dr.

        Unrealized gain/loss account Cr."

 

Regards,

Vinod P


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