How can I allocate STT & other expenses to my transactions in MProfit?

Modified on Fri, 3 May at 11:25 AM


In this tutorial, we will explain how you can allocate STT and other expenses to cost to get Net Capital Gains in MProfit.


Follow the steps below:


Step 1: To access the transfer contract of charges in MProfit.


Login to your MProfit account and right-click on any script.


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Step 2: Navigate to Advanced from the drop-down menu and select Transfer Contract Note Charges.



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Step 3: Specify the Start Date and End Date.



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Step 4: Choose whether to Include STT or not.


If you select the STT option it will be adjusted in the ratio.


Then, Save the changes.


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Step 5: A confirmation prompt will appear; click Yes.

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Step 6: Review the transaction and double-check it for accuracy.


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Step 7: The charges, which include the Securities Transaction Tax (STT), have been incorporated into the buy and sell amounts.

Click Show Transferred Charges to view the adjusted charges. 


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Step 8: Click any amount to see the charges allocated to the transaction.


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Remember, once you tick the box, all future imported contract notes will automatically transfer charges into the buy and sell transactions based on a ratio. This process is irreversible.


This is how you can seamlessly allocate STT and other expenses to cost to get Net Capital Gains in MProfit!


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