Support / Money and ledger
Brokerage and interest
Each portfolio can have a default brokerage, so trades saved without charges get them worked out, and interest, so the cost of funding purchases or a debit balance is charged month by month. Both are optional. Interest is part of the family and firm plans, not the free plan.
Set it up
- When you add a portfolio, answer Set a default brokerage? and Charge interest?. Yes to either opens this page after saving. For an existing portfolio, click Brokerage & interest on its page.
- For brokerage, set a rule for each of delivery, intraday, futures, options, currency and commodity: a % of value (with an optional minimum and maximum per order) or a flat amount per order.
- For interest, switch it on and choose the kinds and rates (table below).
- Save. For trades already saved without charges, click Recalculate charges once.
How charges are worked out
- Only trades saved with no brokerage and no charges are worked out. Trades from contract notes or files that carry charges are never changed.
- Brokerage comes from this page; STT, exchange charges, SEBI fee, stamp duty and GST come from the rates in force on the trade date.
- Shares bought and sold on the same day count as intraday; the rest as delivery.
- If someone types a trade's charges in by hand later, those are kept and not worked out again.
Kinds of interest
| Kind | Charged on |
|---|---|
| Scrip-wise, every buy | Each buy's cost, from the buy date to the sale date, first in first out. A rate for the portfolio, or per scrip. |
| Scrip-wise, funded (MTF) buys only | The funded part of the buys you mark as funded. |
| Unpaid purchases | A purchase bill from its date (after any grace days) until money paid in or sale proceeds pay it. |
| Ledger debit balance | Each day's debit balance in the Financial ledger. |
| F&O margin used | Each day's end-of-day margin, from the margin file you load. |
Nothing is charged twice: on any day, unpaid-purchase interest covers only what scrip-wise interest doesn't, and debit-balance interest only what is left after both. With +1 day on, both the first and last day count.
Post it to the ledger
- Open Trades > Interest & F&O margin to see interest month by month, with the details. Load the end-of-day margin file here too.
- Click Post to the Financial Ledger. Each complete month (or quarter) becomes an Interest charged debit on its last day. Posting again replaces it.
Reports > Ledger with Interest shows every ledger line with the interest that ran on it, a total at each month end, and whether that month is posted, not posted yet, or needs posting again because a trade changed. Interest Statement gives the totals by kind.
- A trade has no charges
- The portfolio has no default brokerage for that kind of trade, or the trade was saved before it was set. Click Recalculate charges.
- "Posted ₹X, now works out to ₹Y"
- A trade or payment in that month changed after posting. Post the month again.