How to enter Money Market

Money Market tab provides functionality to enter the the outstanding borrowings 

Open

1. Go to Risk Management > Activities > Currency Exposure

2. Click on 'New'

3. Go to 'Bank Balance' Tab

4. Select following details in header section of the screen 

   1. Batch Number: Auto Populated upon saving the record

   2. Batch Date: Select current date

   3. Commodity: Select the commodity you want to enter the details e.g. 'Corn'

   4.  Weight Unit: Select the Unit of measure you want to enter the details

   5. Currency: Select 'USD'

   6. Future Closing Date: Select current date

5. In Money Market grid, enter the following details

   1. Date Opened: Select the Borrowing opening date

   2. Bank Name: Select the Bank name of the borrowing 

   3. Description: Enter description user can enter for reference

   4. Amount: Enter the borrowing amount

   5. Annual Interest %: Interest is auto calculated based on Amount entered and Interest Amount e.g. Amount / Interest Amount = Annual Interest %

   6. Interest Amount : Enter the interest amount user will be paying for the borrowing

   7. Maturity Date: Select the Borrowing Maturity Date

Note : User will be enter borrowings from multiple Banks.