Foreign currency contracts

SETUP -> FX Contacts

snapSales provides some simple features to keep track of foreign currency contracts.

Setting up contracts

• Currency - select a currency.
• Contract date - date the contract completes.
• Reference - reference for this contract.
• Buy / Sell - is this a contract to buy or sell currency.
• Exchange rate - the contract exchange rate.
• Contract amount - the amount of the contract.
• Active? - tick to allow the contract to be allocated against sales.

The list of contracts also shows the amount Allocated against sales. Click on this amount to drill through to a list of the sales.

Tip

Sales can be allocated against FX contracts using the Income tab in LOGISTICS -> Sales.