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Currency Forward Booking / Currency Hedging

by
Odoo

227.24

v 17.0 Third Party
Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Inventory (stock)
Sales (sale_management)
Discuss (mail)
Invoicing (account)
Lines of code 1303
Technical Name setu_currency_forward_booking
LicenseLGPL-3
Websitehttps://www.setuconsulting.com/
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Availability
Odoo Online
Odoo.sh
On Premise
Odoo Apps Dependencies Inventory (stock)
Sales (sale_management)
Discuss (mail)
Invoicing (account)
Lines of code 1303
Technical Name setu_currency_forward_booking
LicenseLGPL-3
Websitehttps://www.setuconsulting.com/
Setu Consulting Services Pvt. Ltd.
Odoo 15 Certified Odoo 16 Certified Odoo 16 Certified
Community
Enterprise
Odoo.sh
Currency Forward Booking | Currency Hedging

In the dynamic world of international transactions, fluctuating currency rates and complex cash management can lead to unforeseen losses. Without a structured system, managing these complexities can feel overwhelming. But what if you could lock in advantageous rates through proactive bank agreements, Currency Hedging against foreign exchange risk and safeguarding your business?

Introducing our Currency Forward Booking Application:

Set future currency rates through discussions with banks.
Minimize currency risk exposure.
Ensure the protection of your profit margins.
Track payments and balances in real time.
Simplify international transactions with integrated currency management.
Gain real-time insights into your financial dataAnalyze procurement trends.
Improve your financial planning, empowering you to make better business decisions.
Ensure transparency with detailed deal closure & cancellation information, preventing unexpected financial charges.

Our solution is designed to optimize your "Currency Hedging Strategy", minimize risk, and streamline "Cash Management" —ultimately supporting your global operations and improving financial planning.

Features

Introducing our Currency Forward Booking Application:

Store Management
Set Delivery Dates

Input delivery dates directly in sales orders for precise payment scheduling.

Payment Date Adjustment

Easily manage and adjust for delays, ensuring that your commitments are met without disruptions.

Organized Payment Tracking

Automatically generate and manage payment schedules through a dedicated section in sales orders, simplifying financial tracking.

Link Sales Orders with Currency Deals

Seamlessly link your sales orders to currency deals, ensuring smooth alignment between orders and financial transactions.

Streamlined Currency Deal Management:

Store Management
Define Deal Dates

Set the date when the currency deal is locked in.

Establish Deal Time Frame

Define the time frame for each currency deal to ensure alignment with your financial planning needs.

Monitor Remaining Amounts

Keep track of the outstanding balance for each deal, with real-time updates as payments are made.

Define Total Deal Amount

Define the total amount of foreign currency involved in each deal for a clear picture of your financial commitments.

Profit and Loss Summary

Receive real-time updates on profit and loss as each payment is processed, ensuring you always have the most current financial overview.

Cancellation & Closure Details

Store Management
Breakdown of Charges and Payments

Access detailed information on any charges imposed by the bank for breaking a deal and the amount required to settle the deal if it is closed prematurely.

Organized Deal Records and Tracking

Store Management
Payment Schedule Overview

View all payment schedules linked to the currency deal in one place, making financial tracking straightforward.

Associate Received Payments linked with Currency Deals

Track all received payments that are linked to the selected currency deal in one place for organized financial oversight.

Bank Charges Summary

Review all bank charges related to the deal, providing insight into the cost of transactions.

Centralized Currency Deal Dashboard Analytics

Store Management
Track & Monitor All Currency Deals in One View

Access a single dashboard to track time frames, booking amounts, remaining balances, and profit and loss for every currency deal.

Analyze Deal Metrics

  • Gain insights into key financial details for each deal through comprehensive report.
  • Evaluate performance by comparing booking amounts, exchange rates, and outcomes.
  • Real-Time Financial Tracking

  • Stay updated with real-time insights into the status of each deal, helping you make strategic financial decisions swiftly.
  • Track real-time profit and/or loss insights to optimize currency deal performance.
  • Forward Booking application enables end user to:

    Store Management
    Secure Favorable Exchange Rates

    by locking in advantageous rates through proactive bank agreements.

    Stay on Top of Your Finances

    by aligning payments with your financial goals for better control.

    Stabilize Financial Planning

    by pre-booking rates to ensure predictable cash flow.

    Maximize Profit Margins

    by shielding profits from unfavorable exchange rates.

    Mitigate Currency Risk

    by reducing exposure to market volatility and losses.

    Ensure Financial Certainty

    with pre-agreed rates for stable forecasting.

    Centralize Payment Management

    by streamlining payments and bank fee oversight.

    Boost Better Business Decisions

    with advanced analytics, empowering you to make strategic, informed financial choices.

    Screenshots

    Setu Consulting
    SETU Forward Booking | Currency Hedging
    SETU Forward Booking | Currency Hedging
    SETU Forward Booking | Currency Hedging
    SETU Forward Booking | Currency Hedging
    SETU Forward Booking | Currency Hedging
    SETU Forward Booking | Currency Hedging
    SETU Forward Booking | Currency Hedging
    SETU Forward Booking | Currency Hedging
    SETU Forward Booking | Currency Hedging
    Revolutionizing Procurement Management with a Comprehensive Tender Management System
    For more details send mail on sales@procuremate.pro
    Contact Us
    www.setuconsulting.com
    Odoo Certified Partner
    Odoo 15 Certified Odoo 16 Certified Odoo 16 Certified
    Watch and subscribe

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    FREE SUPPORT

    We will provide free support for any issues, queries, and bug fixing upto 90 days from the date of purchase of this application. Request free support

    NOTE

    Get notified about latest update. Please drop an email when you make purchase at Setu Consulting

    Setu Consulting Services Private Limited | Odoo Certified Consultant | Offical Odoo Partner

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