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This ledger account will be created under sundry creditor.Ħth Step : To Create Ledger Account of Your Bank This ledger account is also created under investment in shares.ĥth Step : To Create Ledger Account of Broker This account will be under investment in shares group which we already have made in third step.ĥth Step : To Create Ledger of Sales of Shares Account In 4th step, you have to create ledger of purchase of shares account by going to account info and then ledger and then creation. under investment.Ĥth Step : To Create Ledger Purchase of Shares Account Just go to group from accounting info and then create investment in shares group. You can easily create short stock items for reliance shares, you can create R Shares etc.ģrd Step : To Create Group of Investment in Shares
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If you will deal with more companies, you can create more stock items. So, you will create three stock items in inventory info. We are measuring these shares in nos., so we will have to create unit of measures by going to inventory info. Now, in tally, we follow following steps : Shares of Reliance Company = 500 shares at Rs. You have sold shares of following companies on 3rd Dec. Shares of Vepro Company = 2000 shares at Rs. Shares of Tata Company = 200 shares at Rs. Shares of Reliance Company = 1000 shares at Rs. You have bought Shares of following companies on 1st Dec.
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I will teach you to record of shares transactions with following example: For this record, I am using Tally.ERP 9 software. But when you deem shares investment as your short period investment, at that time, you have to follow its complete procedure. To record shares as long term investment is very easy. This investment may be for short period and for long period. You may invest your money in share market.