Stock Market

• ‘True’ provides for complete quantitative and financial accounting of investment and trading of equity, commodities and forex in cash, futures and options.
• ‘True’ considers the nature of the client; whether ‘Trader’ or ‘Investor’;and accordingly calculates intra- day, short term and long-term profits for every sale BY FIFO (or LIFO) method and passes accounting entry so as to reflect correctly in P&L A/C.
• Purchase-sell entries by the software considers brokerage and various statutory charges and broker bill amount is reconciled by ‘True’ entry.
• Wherever margin is availed by the user, appropriate entry is passed which is then used for calculating and confirming interest charged by the broker.
• ‘True’ also provides for updating the existing quantity of stocks in case of ‘SPLIT’ or issue of ‘BONUS’ shares. Appropriate entries are passed by the ‘True’ itself.
• ‘True’ also provides for updating the existing quantity of stocks as well as add new stocks in case of ‘Merger’ and ‘Demerger’ of the company.