Calculate the cash flows (in USD) in June for Iris Oil under the forward contract. The exporter signed a forward contract on April 1 to sell Thai baht and designated it as a cash flow hedge of a recognized Thai baht receivable.Get help with your Forward contract homework. Processing of your freight bills; Complete collection services; Customized management reports; Professional and dedicated service from our Houston office. I'll go through an example of how to record a forward contract on a balance sheet from both the sellers perspective in the buyers perspective. An accounts receivable purchase agreement is a legally binding contract that governs the purchase of accounts receivable between parties in a specific location. This document establishes guidelines for the prudent extension of credit where deemed permissible and in the best interest of the University of Houston. II. For example, forward contracts can help producers and users of agricultural products hedge against a change in the price of an underlying asset or commodity. Houston, TX 77242-1959. ​Phone: We have moved to an online response system.