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quickbooks pro desktop 2021 forward contract for speculation that foreign currency will weaken overview lets get into it within two weeks quickbooks pro desktop 2021 here we are on the desktop we have our quickbooks program were going to be opening up the quickbooks program setting up a new company file where were going to practice with the multiple currencies and a forward contract with the speculation that the currency will weaken the foreign currency will weaken with relation to our currency which will be the us dollar before we do that however lets open this up in excel give a quick overview of the process and then think about how were going to do it in a step-by-step uh process starting with just setting up the quickbooks file were thinking about a forward exchange contract were still thinking about it for speculation purposes here however note that the same kind of concept can also be used as a hedge so it can be used as a hedge if were doing financial transactions with t