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Can I use free Version of MProfit? What are the limitations?

edited February 2014 in Accounting
I had subscribed to MProfit last year as an MProfit Investor.
I understand that if the total portfolio is less than Rs. 50 Lacs, I can
use this license free of cost. Kindly confirm that my understanding is

If total investment value of all your family portfolios is less than 50 lakh, you can use it free. However, the free version does not have accounting module, where you can manage your bank accounts, prepare your trial balance and balance sheet.
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