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Futures and daily settlements

Record contract quantities and post actual daily profit or loss.

For Futures, you record contract quantities and daily results separately. Opening or closing a contract is not a purchase of its nominal contract value.

Step by step

1Open Trading. Select the contract, date, action to open or close long or short, and actual contract quantity. Include the contract month in the name of a new contract.
2Enter any trading fees. You do not enter a principal amount or margin. Without fees, this action does not require cash settlement.
3Open Daily settlement for the actual result on your broker statement. Select profit or loss and enter the amount as positive, excluding fees. A zero settlement is also supported. This settlement does not change the contract quantity.
4Example: you have two long contracts and your broker settles €100 profit with €6 fees. Record a €100 daily profit and €6 fees. The quantity remains two and the net cash amount is €94.
5In Opening position, enter contracts already open when your administration starts. This creates no new cash posting. Record daily results from the start separately.
6Open Year-end closing and select the financial year. Enter all daily results through the end date, including amounts received or paid later. Futures do not have a separate closing-quote valuation. The reconciliation shown covers the entire Broker administration because ledger accounts are shared.