Sales and purchase of shares - speculative transactions
This query is : Open
09 July 2015
Dear all,
Please help me in understanding the consolidated statement regarding profit& Loss statement.
in the ledger account given by the client there are some transactions like Payin and payout and inter segment Adjustment, Margin Trf to main A/c.
what are the above terms, please guide me in understanding the same at the earliest
Thanks in advance,
awaiting the reply
Please help me in understanding the consolidated statement regarding profit& Loss statement.
in the ledger account given by the client there are some transactions like Payin and payout and inter segment Adjustment, Margin Trf to main A/c.
what are the above terms, please guide me in understanding the same at the earliest
Thanks in advance,
awaiting the reply
CA R SEETHARAMAN
(Expert)
09 July 2015
Payin is the amount paid by investor.
Payout is amount received by investor. Inter segment adjustment is funds adjusted between F&O and cash segments.
Margin transfer to main A/c is margin transferred from F&O to cash ac.
Payout is amount received by investor. Inter segment adjustment is funds adjusted between F&O and cash segments.
Margin transfer to main A/c is margin transferred from F&O to cash ac.
09 July 2015
Thank you Mr.Seetharaman,
What is F&O , Is it Futures & options ?
What is a cash Segment?
where can i get a detailed explanation about those terms?
i have no idea about these transactions , thus could not understand the terminology,
please do guide me,
awaiting reply
What is F&O , Is it Futures & options ?
What is a cash Segment?
where can i get a detailed explanation about those terms?
i have no idea about these transactions , thus could not understand the terminology,
please do guide me,
awaiting reply
CA R SEETHARAMAN
(Expert)
09 July 2015
Yes it is Futures & options for which only margin money has to be paid.
Cash segment is purchase and sale of shares for which full payment has to be made.
Cash segment is purchase and sale of shares for which full payment has to be made.
09 July 2015
Thank you Sir,
i would like to know the proper website or book which contains details of all those transactions in detailed.
i would like to know the proper website or book which contains details of all those transactions in detailed.
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