Forward exchange transactions in the balance sheet
In most cases, the agreed forward rate of the forward exchange transaction (DTG) does not match the real exchange rate on the date of the transaction. As a result, a forward exchange transaction is booked on the date whose exchange rate does not match the real exchange rate on that date. As the forward exchange transaction would lead to a sudden change in assets, the forward exchange transaction must be included in the asset valuation for its entire term.
DTGs are therefore included in the statement of assets during their term. To evaluate the DTG, you can manually maintain the corresponding forward price history. To do this, in the context menu of the DTG displayed in the asset overview, select the command DATE COURSES.
Please also read the chapters Histories and Creating a history for a forward exchange transaction.
Detailed information on the individual columns of the balance sheet for forward exchange transactions can be found in the following table.
Presentation of a DTG in the balance sheet
Column | Description |
|---|---|
Asset class | "Forward exchange transaction". |
Attachment | Designation of the DTG according to the following scheme: DTG <inflow currency> for <outflow currency> <from> to <to>. |
Investment currency | Inflow currency. |
Number of withholding tax | - |
Number tax-free | - |
Stock | Future inflow amount in the inflow currency. If, for example, a purchase of USD 10,000 for EUR is agreed, then 10,000 is shown here (analogous to bonds). |
Credit rating | - |
Industry | - |
Dev. course | Exchange rate in evaluation currency per outflow currency. For converting the purchase rate into the evaluation currency for each inflow currency. |
Dev. rate current | Current exchange rate in evaluation currency per outflow currency. For converting the purchase rate into the evaluation currency for each inflow currency. |
Success not real. | Corresponds to the market value. |
Success [%] not real. | Percentage success. |
Holder | Holder whose overview of assets is displayed or holder for whose securities account this IV is displayed. |
ISIN/ | This is the account number stored in text form when the transaction is entered. |
Purchase price | Recorded forward rate in evaluation currency per inflow currency. |
Purchase price | Recorded forward rate in outflow currency per inflow currency
The indication [Anl.-Wg.] in the column heading of the balance sheet is misleading here - it does not apply to DTGs.
|
Purchase price | Inflow amount in evaluation currency. |
Purchase price | Inflow amount in inflow currency.
The indication [Anl.-Wg.] in the column heading of the balance sheet is misleading here - it does not apply to DTGs.
|
Course | Valuation rate in outflow currency per inflow currency. |
Course date | - |
Course success | - |
Market value | Market value of the DTG in evaluation currency. |
Market value | Market value of the DTG in outflow currency. Calculation: Stock * (price - purchase price). |
Storage location | - |
Runtime | Date of the DTG. |
Last acquisition | Investment date of the DTG. |
Pool factor | - |
Product quality | - |
Yield | - |
Risk class | Risk class of the DTG. DTGs are classified as "speculative" by default. |
Accrued interest/ interim profits | - |
Security no. | - |
Value share [%] | Percentage share of DTG in assets. |
Wg. success | Unrealized profit due to forward and exchange rate changes to the reporting currency. |
WKN | - |
WP type | "Forward exchange transaction". |
Interest/dividends | - |
