Blog

Capital Gains Reports

As the financial year is ending, MProfit can make your life a bit easier when you file your taxes this year. We have created a brief video to show some of the reports that will be most useful when filing your taxes with the Income Tax Department.

8 March, 2010
Reporting Capabilities

One the biggest benefits of using MProfit is our reporting capabilities. You may find other services available on the internet but most cannot compete with it comes to reporting. We provide over 45 types of reports and are adding new ones based on customer feedback. We have 5 main categories for reports: Analytical, Transaction, Capital Gains, Accounts and Miscellaneous. We […]

24 February, 2010
MProfit version 4.1 released

As part of our continuous effort to improve MProfit we have added several new features based on customer feedback to MProfit v4.1. The two big features that were most requested have been added, a tax calculator and an automated backup feature. The feature list is below: Tax calculator Weekly/Monthly backup Improved help file Improved report […]

16 February, 2010
Managing your Mutual Funds

A continuing series that describes how MProfit handles specific asset classes and how you can benefit from it. There are many product that manage Mutual Funds, but none are as powerful as MProfit. Whether you have equity or debt mutual funds…we can manage it. You can choose from the 1000s of mutual funds, Exchange Traded Funds […]

2 February, 2010
Asset Class: Bond’s

A continuing series that describes how MProfit handles specific asset classes and how you can benefit from it. The current and maturity values for bonds are calculated based on the interest rate, frequency of interest payout and cumulative or payout option. The current and maturity values of remaining bonds will be adjusted when you sell […]

11 January, 2010
MProfit version 4.03 released

As part of our continuous effort to improve MProfit we have added several new features based on customer feedback to MProfit v4.03: An income module Reports relating to annualized returns (XIRR) Group holding reports With our new Income Module, you can track a variety of income related transactions: Dividends received from any stock or mutual […]

4 January, 2010
Asset Class: Fixed Deposit’s

A continuing series that describes how MProfit handles specific asset classes and how you can benefit from it. The current value and maturity value of bank fixed deposit’s (FDs) are calculated based on the interest rate, frequency of interest payout and cumulative or payout option. MProfit has provided the option to enter transactions for partial […]

15 December, 2009
MProfit version 4.02 released

As part of our continuous effort to improve MProfit we have added several new features based on customer feedback to MProfit v4.02: Daily gain and overall gain for accumulated interest (accrued) for interest bearing assets like bank FDs, deposits, loans, PPF/EPF, Post Office and any miscellaneous assets Display of Maturity Value and Current Value for […]

23 November, 2009
MProfit Software Update – Version 4.0 released

This version provides the improvement and stability in the license management functionality. It also provides the support for the transactions related to short selling in stocks. The previous version users will get the message about the availability of the new version 4.0. You need to accept and allow the installation to enjoy the full functionality […]

10 October, 2009
Unit Linked Insurance Plans (ULIPs) and Pension Plans

Unit Linked Insurance Plans (ULIPs) are very complex products from the data management perspective. There are more than 25 insurance companies and each has many ULIP products and each ULIP product has 4 to 8 associated funds. ULIP holder can switch between the funds and the units are reduced to recover the mortality charges and […]

25 September, 2009