MIS Sale of investments

a. Objective

The objective to prepare this sheet is to ascertain the profit to be booked as per IT & as per books at the time of sale of investments.

b. Input

The cost & market value of the investments as traced from the Investment tracker maintained along with the Sale value of the investments as determined from the investment statement is used to prepare this sheet .

The following are the value taken from the investment statement to prepare the MIS:-

•Date of Acquisition ,Quantality , Rate & the value of Investments at the time of Purchase i.e. Cost of investments

• Market Value of Investments as on 31st March

• Date of Sale , Quantity , rate & value of Investments at the time of sale

• STT paid & Management fees

• No. of days the Investment is held.

c. Output

The sale of Investments MIS helps us to track the following value based which the entry for sale is done in the ERP System.

•Profit as per IT- which is calculated by subtracting the cost of Investments from the sale value of investments

• Profit as per Book - It is the difference between the Sale value & Market value of Investments

• Fluctuation - It is the difference between the Profit as per IT & Profit as per Books

d. Verification & Analysis

To be discussed