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

Modified on Wed, 22 May 2024 at 05:44 PM


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.


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


Then click Transfer Contract Charges.


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


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Step 4: Choose whether you want to include STT. 


Once you have made a selection, click Save.


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


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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!

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