Accounting
for Share trading transactions and filing
Income Tax return was not easy till now. You
had to enter all the data manually and then
Compute Capital gains matching your buy and
sell trades in FIFO (First In First Out
basis). You also had to manually determine the
value of closing stock in hand at cost, market
value. Then make entries to tally the
accounts.
NOW, ALL THAT IS HISTORY. DirectShares
software takes care of accounting for your
share transactions. Just import your Contract
notes / Trade Book. Your Accounting is done.
Your Capital gains statement (Long term, Short
term, Intraday, F&O all segregated) is ready
instantly. It is that easy and quick. If you
have backlog of accounting to be done, then
DirectShares will make you uptodate really
quick and accurate, easily.
Direct Shares is an Accounting and Analysis
tool for your share trading. Direct Shares
takes care of your regular financial
accounting also. You can import your bank
statement and brokerage ledger also. Once
done, the trades would be compared with the
ledger, settlement wise and discrepancies
listed out. This would help you tally trades
with bank/brokerage ledger.
There are many reports for Share trading such
as, Account wise Trade summary, stock wise
trade summary, closing stock statement,
breakup of closing stock, trade details, gains
details, monthwise, daywise gains realised
summary and details, Day wise chart of
unrealised gains, market value of your
portfolio. Separate set of reports for
Investment stocks and for Business stocks.
Reports for Income Tax.
Using Direct Shares, you will have your
regular Balance Sheet, Profit & Loss
statement, Trading Account (Investment stocks
& business stocks separately), apart from Cash
Book, Bank Book, Journal, Ledger and Trial
Balance.
Your Networth split into your investments in
Stocks, Property, Vehicles, Gold etc., can be
maintained and updated with revision of value
at appropriate times. This will help you see
the allocation to each asset class as a
percentage to total.
It also has Stock Analysis, Reminders and
contacts database.
You can also export and send data to your
Accountant / Auditor.
Built on the powerful Oracle Database, Direct Shares software assists you
in maintaining stock trading, investment portfolio, banking, brokerage
transactions and financial accounts in your personal computer.
You can keep the data of many number of years,
for many number of clients accounts, in the system.
The information stays with you personally in your own PC for long time.
Give rest to your fingers. The Trading, Banking transactions
get into the system without the painful data entry. You just have to download the
transaction data files from your online account and import them into Direct
Shares.
Come. Change over to Direct Shares.
Choose the easy option to compute capital gains, tally the bank account with the trade account,
Compute capital / trading gains for Income Tax purposes, prepare statements of
Dividends & Bank Interest, etc., and to monitor the daily
changes in
the accumulated gains and value of your investments.
Welcome to the World of Direct Shares
