Payables and Cash Management - EBS (MOSC)

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R12 FX Forwards and FAS133/FAS157/IAS 39 Hedging

edited Aug 20, 2021 7:35AM in Payables and Cash Management - EBS (MOSC) 4 commentsAnswered ✓

Hello

The document R12 FX Forwards and FAS133/FAS157/IAS 39 Hedging states In order to have the effective and ineffective hedge instrument (derivative)

gains/losses posted to separate GL accounts, you will need to setup journal structures for the amount types NRECUNR, IUNREAL, RECUNRL, ICCYUNR,

NRECCYU, and RECCYUN along with the original amount types of UNREAL and CCYUNRL.

Furthermore It should be noted that as per FAS 133 and IAS 39 rules, effective gains/losses are  deferred to a special account (OCI for FAS 133, and equity for IAS 39) until the

hedge item affects earnings. Therefore, the maturity or cash settlement of a hedge instrument does not necessarily result in a reversal out of the deferral account into

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