DirectShares is a software for Share Traders.

NO DATA ENTRY. Just download/save your contract note or trade book and import. computation of capital gains is done automatically segregating Long term, short term and day / speculative trading gains.

Tallies trading account with bank account. provides specific reports for income tax. Allows maintenance of accounts for many people in one system. Price is Rs.2950 only. For details visit the website www.directshares.in

You can try our software available for a free evaluation download from www.equitrix.co.in. 

Pro Versions can import brokers bills directly and even if you use the manual versions it will save 75% of the time for maintaining share accounts and calculation of capital gains compared to normal financial accounting systems like tally. It can manage accounts, investment portfolio accounting in equities, derivatives (F&O), Mutual Funds, Life Insurance and other investments.

Cheers!

-Equitrix Support-

Hi T.S.Mohana Harish / : Vipul Kayasth

I can see that your queries were not answered.

Actually you have asked a question which is too general.

Can you tell me what is the application. If you can narrow it down, maybe i can help you.

Are you accounting for your own portfolio, or are you a sub-broker accounting for your clients trades or are you a exchange member accounting for you clients trades.

In all 3 cases the accounting is different.

narrow it down and i will help you.

Hi

Let me tell you what is common in all these cases :

A security (shares / bonds) is an asset and should show up in your balance sheet. You may call it Share Account with a sub ledger consisting of all shares you have (as per your stocks and new ones created whenever you make a purchase in a new share).

the margin deposit with your broker is also an asset.

Brokerage, STT, CTT, Service Tax, Broker Note, Transaction Charges, SEBI Charges, etc. are expenses.

For every broker you have an account wit you must open an account.

When you receive your contract note on the trade date make the respective entries but with voucher date taking the payout date as shown in the contract note.

Regards

Dominic

MATCH back office software from Finantial Technology is one of the best software feature wise as well as price wise.

Thank you for your replay  Mr  Dominic I am Doing Accounting work for my Client and as you told there is different treatment if i do it for my self ? can you please tell me . or email - harish_ts1984 @ yahoo.com, harishca1984 @ gmail.com thanks in advance for the help that you are doing.

T.S.Mohana harish

Dominic

One of the Best is Invest Plus ,

excelent software that i am using the best thing is more the 50 broker house brokerbill ( contract note) import facility, that mean no need to manual entry and automatic online portfolio update

https://www.investplus.in see the features and Presentation or download and use it your self,

the best part is Userinterface and continous broker bill formate updating for new broker houses

Has anyone used MoneywarePro 2000 software. I have seen on their website, it can import contract notes of brokers, hence no need to physically enter bills for share trading. Anyone using this please comment on this accounting software.

thanks