How can I transfer the charges borne on stocks to purchase and sale amount in MProfit?

In this tutorial, we will explain how you can transfer stock transaction charges to the purchase or sale amount in MProfit. 

MProfit offers a unique feature that allows you to proportionately transfer stock contract charges, including GST, stamp charges, transaction charges, and more, to the purchase and sale amount for each stock in a portfolio.

With this feature, generating a net capital gain report after accounting for all expenses, such as GST, STT, stamp duty, transaction charges, and other associated fees, becomes easier.

Follow the steps below:

Step 1: Login to your MProfit account and right-click any Stock.

Step 2: Select the Advanced option from the drop-down menu.

Then click Transfer Contract Charges.

Step 3: Now, enter both the Start Date and End Date.

Step 4: Choose whether you want to include STT. 

Once you have made a selection, click Save.

Step 5: A confirmation prompt will appear. Click Yes.

Please note that this process cannot be undone once completed. 

This is how you can seamlessly transfer stock transaction charges to purchase & sale amounts in MProfit!