How can I add my Deposits/Loans in MProfit?

In this tutorial, we will explain how you can add Deposits/Loans in MProfit.

Follow the steps below:

Step 1: Login to your MProfit account and click the (+) icon.

Step 2: Select Add Transaction from the drop-down menu.

Step 3: Type Deposits/Loans and select the appropriate Asset Class.

 Then, click Select.

Step 4: Now, add Asset Name by clicking the (+) sign.

Step 5: Click the checkbox beside New Asset and then type in the asset name.

Step 6: Type the new asset name as Deposit and enter the Ref No.

Step 7: Click Save.

Step 8: Enter the Interest Rate and Interest Payment.

Step 9: Select the Maturity Date and the Lock-in Period for the asset.

Step 10: Select the Date of the transaction.

Enter the Amount and click Save.

Please remember: You can only use this asset class for the loans you have given.

This is how you can seamlessly add Deposits/Loan transactions in MProfit!