Advanced ePortfolio options
From EDeskWiki
Contents |
Current Holdings
This link will show the current holdings of your portfolio along with Quantity, Effective Price, Last traded Price, Amount Invested in that counter, Current Market price, Day’s profit. Total profit, and the market value to the holdings.
All Scripts
This link will show all the scripts including the script sold and no holding in that script Also shows the script which have current holdings
Script Sold Off
This screen will shows you the details of the scripts with zero holdings and their profit and loss
Trade Book
Trade book will shows you all the transaction which are imported to your portfolio using the import trade book option
Dividends
Usually, a company distributes to its shareholders a part of the profit it earns as dividend. For example: A company may have earned a profit of Rs 1 crore (Rs 10 million) in 2003-04. It keeps half that amount within the company. This will be utilised on buying new machinery or more raw materials or even reduce its borrowing from the bank. It distributes the other half as dividend
All Dividends are entered using the Dividend journals
- Click on eAccounts >> Under the equity Vouchers click on Dividends
- Enter the date
- Select the company name
- Select the Dividend Ledger account
- Select the ledger where the dividends are received (Bank Account or Share Broker Account)
- Enter the amount
- Give the narrations (optional)
- Click on save.
Once you enter the dividend voucher the cost of you holding in that company will go down by amount of dividend you received. Their by effective price per share will come down.
Pay In/ Pay Out
Pay in is the amount paid to broker towards the equity sharers purchased or towards the margin money
Once you make the payment to the share broker you need to enter in to accounts in orger to match the accounts with your share broker
Steps to enter the Pay In Voucher (Payments Made to Brokers)
- Click on eAccounts on the eDesk Web top
- Click on the journal
- Select the date
- Select the broker’s ledger
- Select the Bank A/c from where you made the payment
- Enter the cheque No.
- Give the narration (Optional)
- Click on save
Steps to enter the Pay Out Voucher (Payments Received from Brokers)
- Click on eAccounts on the eDesk Web top
- Click on the journal
- Select the date
- Select the Bank A/c from where you received the payment
- Select the broker’s ledger
- Enter the cheque No.
- Give the narration (Oprionl)
- Click on save
Bonus / Stock Splits
Bonus
They are additional shares issues given without any cost to existing shareholders. These shares are issued in a certain proportion to the existing holding. So, a 2 for 1 bonus would mean you get two additional shares -- free of cost -- for the one share you hold in the company.
If you hold 100 shares of a company and a 2:1 bonus offer is declared, you get 200 shares free. That means your total holding of shares in that company will now be 300 instead of 100 at no cost to you.
Stock split
A process by which a company divides the face value (the nominal value of a share) of its share is called stock split. It is usually done in a ratio. On February 16, ABB announced a stock split in the ratio of 5:1. What it means is one share of face value Rs 10 will be split into five shares of face value Rs 2.
The overall effect for an investor holding the stock remains the same pre-split and post split.
The value of one share of face value Rs 10 (pre-split) with an investor is the same as five shares of face value Rs 2 (post split).
For instance, if a company has a market price of Rs 500 (face value Rs 10) and you have 10 shares of this company, then the total value of shares owned by you will be Rs 5,000.
Entering the Bonus And stock Splits in your books of accounts
- Click on eAccounts Icon. As explained above in the note on Bonus And Split are the additional share given to you by companies without any cost so we can give purchases Voucher entry.
- Under the Equity Vouchers select Purchases Voucher
- Select the date
- Select the Portfolio
- Select the purchases accounts
- Select the company for which you have not received Bonus
- Enter the Quantity you have Received
- Enter the amount = 0 (As the bonus shares comes at no extra cost)
- Select the Broker’s A/c, amount = 0
- Select the STT A/c, amount = 0
- Select the Service Tax A/c, amount = 0
- Select the other Chg A/c, amount = 0
- Give Narration (Optional)
- Click on save
