We’ll show how to get started with two cases.
Investor without initial portfolio
Assume a new investor with 10,000$ to invest. First step is to add the investor into Investor Part.
Note that you can repeat this step if you have more money to invest, by selecting Type ‘Buy’ instead.
Prepare commission / tax for securities trading
Assume your first investing date is 1/1/2012. On that date, your brokerage commission is 1% and tax rate is 10%
The saved values will be the default commission / tax rates on your trading orders from 1/1/2012 onward.
You may test the values by using menu Calculator.
Note that if no commission / tax rates have been prepared, the default values will be zero.
Your trading commission / tax values may change overtime, you can repeat this step by adding new effective date, enter the new values, and save. It’s important not to delete the old values because the application stills need them to calculate for the previous transactions.
However, if you don’t find any commission / tax pattern matching, you can manually enter commission / tax value for each trading order, see ‘FAQs’.
That’s all you need to prepare. You’re now ready to begin recording your securities trading. Let buy a stock, for example.
Investor with initial portfolio
Assume an investor with the following portfolio.
We first need to add investor into Investor Part, as in the first case; but this time we need a little calculation for the total investment amount.
|stocks market value
(1,000×1 + 2,000×2)
|total investment amount||10,000|
Then, enter the total investment amount and save
For stock ‘A’
Repeat the above step for stock ‘B’ with Qty of ‘2,000’ and Price of ‘2’.
Prepare commission / tax profile for securities trading
You can set it up like first case.
Initialize other portfolio values, if any
If you have realized profit/loss with some securities and want to record the values, you select menu ‘Tools / Set Initial Profit’.
You’re now ready to begin recording your new trading orders.