February Newsletter
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MProfit wishes you a prosperous 2017!
2016 has been quite a year to remember not because of the US elections, but because of what else happened that day… the demonetization of the Rs. 500 and Rs. 1000 rupee notes. Within hours of the announcement Prime Minister made it impossible to use large notes. It was a very positive move for the financial markets as most of the money would come back into the banking system. The positive effects will be felt for many years to come.In addition, it was also an extremely productive year for MProfit. With a series of new features, reports and improvement in 2016 as well as unmatched customer support, we continue our path in 2017 to make MProfit, India’s leading portfolio management & accounting solution. Below is a quick summary of new features & reports implemented:
New Features
| • | Reached the milestone of supporting import from 2000 formats (PDF, HTML, Excel, Text, DBF) |
| • | Import support for auto-mapping using ISIN numbers for many broker’s contract notes |
| • | Live prices (End of Day prices) of traded bonds on NSE and BSE in capital market segment |
| • | Import support for the new format of the Consolidated Account Statement from CAMS |
| • | Create Mark to Market profit/loss in F&O which can be reconciled with broker’s ledger |
New Reports
| • | Capital Gains of traded bonds |
| • | ‘Bank & Broker’ report to see banks and Broker’s balances for one or all families |
| • | Contract notes summary and detailed report to view contract notes of all families |
| • | Asset Holding – Closing Balances |
| • | Family – wise global transaction report |
| • | Capital gain calculations of all families under one report |
| • | Closing Balance report for one family or all families under one report |
| • | New XIRR report with Quantity |
| • | Stocks & Mutual Fund transactions register |
