Special hedge accounting is an elective accounting treatment under U.S. and International accounting principles. An organization must first qualify for special hedge accounting and then follow ongoing compliance requirements to remain qualified.
One of the most difficult and frustrating exercises in treasury is understanding and communicating the results of a balance sheet hedge program.
In the late 1990s and into the early 2000s, the spreadsheet was the treasury and accounting tool of choice. Computer programs were still relatively primitive, and the smart phone had not yet arrived. Business professionals leaned heavily on spreadsheets due to their flexibility, powerful set of available formulas and relative ease of use.
For many years, corporations had to decide if they should purchase an all-in-one or best-of-breed treasury workstation.
One of Hedge Trackers’ goals is to continually update and improve our CapellaFX software solution. The following information discusses the newer features available in our CapellaFX SaaS software. Auto-logon For Support New functionality is available to automatically log into the client support system once you’ve provided your support login credentials. To setup automatic login, go […]
CapellaFX now supports an auto-logon to the Client Support desk. To apply this functionality, click on the “User Preferences” module on the CapellaFX home screen and go to the Support tab. Input your Support Login user name and password information and click “Save.” Now, when you click on the “Client Support” button on the […]
CapellaFX users can access help right at their fingertips with the new resource library that includes instructional videos. Videos can be easily accessed via the “Help Videos” icon in the bottom right corner on the main CapellaFX application page adjacent to the “Client Support” icon.
Another great feature of the multiple account functionality is that now CapellaFX breaks out Unrealized FX gain/loss from Realized FX gain/loss and different account numbers can be set up for these accounts as well. CapellaFX will automatically post reversing entries to Unrealized FX G/L and hard-book entries to Realized FX G/L.
CapellaFX now has the flexibility to store multiple accounts for each and every account, not just the Effective, Ineffective and Excluded accounts.
Setting up a new currency is straightforward in CapellaFX if you follow these steps:
Instead of closing each entity in CapellaFX separately, use the “Batch Close All Entities” feature to close all the entities that are in Prelim status at the same time.
A big benefit of the ability to store multiple accounts is that now you can assign different account numbers for short-term and long-term assets and liabilities. CapellaFX Summary and Detail reports have been breaking out the amounts, but now you can assign different account numbers to distinguish the short term from long term accounts. The […]
Does anyone like inputting the same information twice? If not, CapellaFX has a feature that you should know about. There is a system feature that allows you to copy trade information from one trade to another. In the trade window, pull up the trade you want to copy information from. Click on the “New” button […]
Capella providers users with the ability to print multiple trade tickets at once. It is simple and easy to do.
Capella’s Management Reporting Dashboard provides users with a vehicle to show metrics and views to their specific needs. On the home page view, a user can toggle between the Standard menu and the Dashboard views using two buttons in the middle on the top of the screen. Under the Dashboard view, Standard menu also appears […]