Sharekhan Ledger
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If you want to open or have a Sharekhan Trading Account, you must know about Sharekhan Ledger. In this article, we will explain to you about the Sharekhan Ledger.
Before directly jumping onto Sharekhan Ledger, we think it will be pretty good to have a brief discussion on Sharekhan and what is meant by the ledger.
Sharekhan is an Indian stockbroker established in Feb 2000 and is one of the leading stockbrokers with a client base of across 1.4 million all over the nation.
Recently BNP Paribas Group acquired Sharekhan, which was earlier a part of SSKI Group, and now it has spread across 550 different cities and has branches and franchises across the country.
It also has its presence internationally in Oman and UAE countries.
Sharekhan provides trading facilities in equity, commodity, currency, derivatives, and is listed on BSE and NSE.
Now let’s move forward towards the meaning of ledger, which is as follows
Ledger is the record of the organization’s financial transaction. It contains all the transactions made from your trading account.
To track the transactions from the trading account is beneficial for the company as they can make a profit and loss statement by keeping a track record. This applies to all the fragments, i.e., Equity, Futures, Options, and so on.
All the important financial information or data is stored or maintained in the ledger. These details are then brought together to make a profit and loss statement, balance sheet, income reports, and other financial reports.
Now, as you have a brief understanding of the term “ledger,” let’s move onto our main concern, i.e., Sharekhan Ledger.
Sharekhan Transactions and current balance history are shown in the Sharekhan ledger summary to make it clear for the trader so that he has a proper record of his transactions.
Many traders raise the question of how to download the Sharekhan ledger summary from the app?
It is very simple to download the ledger summary in the Sharekhan mobile trading app. Here are some steps to download the Sharekhan ledger are given below:
- First and foremost Login to the Sharekhan portal.
- Open the dashboard and click on reports.
- Choose the respective section of the ledger you want to check
For instance, if you want to see the currency ledger summary, click on the currency ledger summary in the given options.
- After clicking, the report will be shown on your screen.
- You have the option to view it there or, if required, download it in PDF format.
In a ledger account, the company keeps the data of all the transaction and money-related statements.
Sharekhan Account Ledger can also be called a Sharekhan trading statement. The trading statement provides all the activity being performed from the account used for the trading purpose.
A trading account is used to know the gains and expenses or losses incurred while trading. You can check the account statement in Sharekhan Via SMS or Email.
Sharekhan provides trading account statements via SMS to its customers. To subscribe to this facility, send an SMS from your registered contact number to get an account statement from Sharekhan.
You can also download the account statement. Few steps to download the statement are as follows
- Visit the Sharekhan official site.
- Login the credentials asked, i.e., login id and password.
- On the top bar, click on the report segment.
- Under the portfolio report, select the capital gain report.
- Enter the date, month, or year to download the respective report.
- It will appear on your screen; you can then click on the download button.
A ledger report is created to know the transaction details of an organization. You can make a report on the transaction activity of the current year, last year, or the report of the year you want.
In the Sharekhan Ledger report, you can also consider the most important report, i.e., the Sharekhan profit and loss report.
Sharekhan grants you to download as it is an important document for the firm to calculate taxes on the income.
You can download the report by following a few steps
- Visit the Sharekhan site.
- Go to the search bar and search for the scrip summary.
- On the dashboard, you can see your scrip summary.
- Click on to download.
At the end of the business day, all the withdrawals and deposits in your account are calculated by the bank, and the remaining amount is known as ledger balance.
The remaining amount becomes the opening balance the next morning; opening balance in the bank account is also known as ledger balance.
On a daily basis, ledger balance is uploaded by the end of every business day.
The total amount of funds available in the client’s account is represented by the Sharekhan ledger balance.
Sharekhan provides clarity about its accounts to its users to make them aware of the losses they can incur in the future.
Conclusion
Sharekhan ledger is used to check all the financial statements.
When we listen to the name Sharekhan, the first thing that clicks in our mind is something related to power or a leader. Like the name recommends the work of Sharekhan, it’s the same as it is the leading full-service broker in the nation.
Sharekhan allows the clients to download their transaction statements to maintain a track record of their trading account and view the profit and loss statement to make customers aware of where they stand.
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