Overview
Manages bank forward deals (foreign exchange contracts) and letters of credit. Allows companies to lock in exchange rates with banks for future currency conversions, track deal usage, and automatically create payments at the agreed rate.
Workflow
Bank Forward Deal
Draft
Confirmed
Closed
Cancelled
Deal Line
Draft
Confirmed
Closed
Cancelled
Key Features
- Forward deals with banks specifying amount, currency, and agreed rate
- Deal line management for partial conversions
- Automatic payment creation at confirmed rate
- Buy or Sell deal types
- Remaining amount tracking
- Bank partner linking
Data Models
Bank Forward Deal
acount.bank.forward.deal| Field | Type | Info |
|---|---|---|
Bank
bank_id
|
Many2one | Partner bank |
Amount
amount
|
Monetary | Deal amount |
Currency Rate
currency_rate
|
Float | Agreed rate |
Deal Type
deal_type
|
Selection | Buy or Sell |
Remaining
remaining_amount
|
Monetary | Unused balance |
Actions:
Create Payment
View Payments
Extends Existing Models
account.payment
Adds 2 fields:
Bank Forward Deal (Many2one)
Deal Line (Many2one)