Accounting of stock brokers
Rabnoor Singh Khanna (Accountant) (77 Points)
18 June 2007
Can any one tell me how can we maintain the accounts of stock brockers and the accounting entries.
15 Replies
Subodh Bansal
(Proprietor)
(25 Points)
Replied 18 August 2007
Mr. vivek, dis in not done............... dis is a public network n u must explain d solution of d problem here only, as everyone cnnt contact u.......................... and also the rules of this CLUB says that personal information would nt b exchanged here............
Vivekag
(31 Points)
Replied 18 August 2007
this is very lenthy & complicated method and not explained in details here, so i write this, if u take serious. I am sorry.
in accounting of share brokers, reciepts come in the form of brokerages, they collect service tax from clients, & get service tax credit less from collected service tax & pay to goverment he pay various type of charges to exchanges like stt,vsat charge, transaction charges , sebi fee etc.& other gen exp. etc
Ankita Mangla
(chartered accountant firm)
(94 Points)
Replied 19 August 2007
Dear vivek ,
Do you know , what the accounting software is used by stock broker
Subodh Bansal
(Proprietor)
(25 Points)
Replied 19 August 2007
Mr. vivek, thanks for explaining the method, am realy glad, but fortunately am also a Sub-Broker, and know everything............ whatever.......... thanks on others behalf
Vivekag
(31 Points)
Replied 20 August 2007
Most famous is "Shilpi" North India, & others are Synergey, focus, LD Etc.
We Main brokers of NSE, If any other help u requried kindly contact
Vivekag
(31 Points)
Replied 20 August 2007
we are main brokers of NSE , R u like to make any relationship with us
Ankita Mangla
(chartered accountant firm)
(94 Points)
Replied 21 August 2007
ya ,I have keen interest in stock market, n do internet trading ,BTST trade on my laptop. so i want to join a broker .
Ankita Mangla
(chartered accountant firm)
(94 Points)
Replied 21 August 2007
my mobile no is 9811171454.what is the name of your co. where it is located .
Jignesh
(Articalship)
(31 Points)
Replied 24 November 2010
can any one tall me about accounting of future and option transeciton in stock broker company?
trupti
(accounting intern)
(23 Points)
Replied 27 September 2012
Can any one tell me how can stock broker maintain its and the accounting entries in client ledger and general ledger.
Trupti
trupti
(accounting intern)
(23 Points)
Replied 27 September 2012
how does stock broking firm does its firms accounting and accounting entries
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