Announcement

Collapse
No announcement yet.

How to manage F&O Portfolio and Account in MProfit ?

Collapse
X
  • Filter
  • Time
  • Show
Clear All
new posts

  • How to manage F&O Portfolio and Account in MProfit ?

    There are two ways to manage F&O transactions in MProfit.

    1. To track the open positions of all F&O instruments and realised/unrealised profit/loss in MProfit
    2. To match only M2M profit/loss in MProfit accounts with the ledger provided by your broker.

    Depending on your choice, you need to follow the below process to manage future and option transactions in MProfit.
    Below is an example to explain the process, suppose you are dealing with Motilal Oswal as your broker. You will need to create two portfolios for one entity as explained below.

    1. To track open positions and realised/unrealised profit/loss

    a) We have created one portfolio by name of Mr. Mehta, you can see the same in below image.

    b) In this portfolio we will import Daily Contract Notes using "Motilal Oswal - F&O - PDF (v3)" Template.

    It will import actual trades for the day which will show your open positions and actual profit and loss. Do not link this portfolio to accounts.


    Click image for larger version

Name:	1final.PNG
Views:	13
Size:	15.7 KB
ID:	890


    2. To match only M2M profit/loss:

    We have created second portfolio by name of Mr. Mehta M2M, you can see in the image below.

    a) Import contract notes weekly or monthly using M2M template "Motilal Oswal - F&O - M2M - PDF (v3)".(This can be done daily as well)

    b) It will import all the transactions including BF (Brought Forward) and CF (Carry Forward) entries. This will create mark to market entries and will be posted in Account.

    c) You need to link this portfolio to your account created in MProfit so broker ledger will be matched with your ledger.


    Click image for larger version

Name:	M2M.PNG
Views:	9
Size:	16.8 KB
ID:	891


    3. You can see M2M effect in broker ledger as shown in below image.


    Click image for larger version

Name:	ledger.PNG
Views:	9
Size:	13.3 KB
ID:	892






    Last edited by Shweta Rathod; 23-11-18, 11:15 AM.
Working...
X