thanks tushar On Sat, Oct 10, 2009 at 10:43 PM, tushar patki <tusharpa...@gmail.com>wrote:
> Hi Prabhakar, > > The transactions pertaining to capital gains are not so straight forward, > say for eg whether the STT is paid on the same or what about the exemptions > available etc. There may be many other angles attached to such > transactions. Hence what I propose you that excel will never be sufficiant > to handle such complexities. Such trannsactions can only be handled with > good database ( remember excel is not a good database but a good flat file > system and an spreadsheet). > > So you can try these things on Access or SQL etc. But in such cases you > need to have a good knowledeg of database and database concepts, such as > normalisation, primary key foreign key etc . > Sorry... dont get nervous.....but I think these are the words of > experience. > > Tushar > > On Sat, Oct 10, 2009 at 4:20 PM, prabhakar jain <prj...@gmail.com>wrote: > >> how can we calculate closing balance in quantity and in value. >> >> On Fri, Oct 9, 2009 at 7:05 PM, Prashant Bhawar < >> prashant.aca...@gmail.com> wrote: >> >>> hi Chinmay here i attached a file hope that its help u. im working on it >>> to make it more simple. >>> >>> >>> On Fri, Oct 9, 2009 at 5:13 AM, RolfJ <r...@pacificsound.us> wrote: >>> >>>> >>>> You are describing exactly what I had proposed. Should be >>>> straightforward to implement. >>>> >>>> Have fun, >>>> Rolf >>>> >>>> On Oct 8, 7:45 am, chinmay kamat <kamatchin...@gmail.com> wrote: >>>> > Thank you sir, but unfortunately this does not solve the problem. >>>> > >>>> > The data is in the following format (example): >>>> > >>>> > For purchases: >>>> > Date Quantity Amount Rate >>>> > 01/04/08 150/- 85050/- 567/- >>>> > 05/04/08 100/- 61000/- 610/- >>>> > 09/04/08 25/- 15125/- 605/- >>>> > 10/04/09 200/- 130000/- 650/- >>>> > >>>> > For sales: >>>> > Date Quantity Amount Rate >>>> > 10/04/08 100/- 59000/- 590/- >>>> > 07/04/09 175/- 117250/- 670/- >>>> > 10/04/09 200/- 160000/- 800/- >>>> > >>>> > >>>> > >>>> > Analysis of the data: >>>> > >>>> > the sale made of 10/04/08 is entirely short term. The cost of 100 >>>> > shares sold are selected as follows: 100 out of purchases of 01/04/08. >>>> > Profit is (100*590) - (100*567)= 2300/- >>>> > >>>> > >>>> > >>>> > The sale made on 02/04/09 is one year later, and the cost for the 175 >>>> > shares sold is selected as follows: 50 out of purchases made on >>>> > 01/04/08 and 100 out of purchases made on 05/04/08 and 25 out of >>>> > purchases made on 06/04/08. >>>> > >>>> > Profit is (175*670) - ((50*567) + (100*610)+(25*605))= 12775/- >>>> > >>>> > out of which (150*670) - ((50*567)+(100*610))= 11150/- is long term >>>> > >>>> > and >>>> > >>>> > (25*670)-(25*605)=1625/- is short term. >>>> > >>>> > >>>>>>>>>>>>>>>>>>>>> >>>> > >>>> > The sale made on 10/04/09 is speculative because both the sale and >>>> > purchased occurred on the same day for all the shares. (as all the >>>> > earlier purchases were exhausted) >>>> > >>>> > >>>> > >>>> > so the program should not only calculate the profit by subtracting the >>>> > cost of shares on FIFO basis (that is identify the earliest existing >>>> > stock) but also tell if that was short term, long term or speculative. >>>> > >>>> > the second problem can easily be solved using the DATEIF function as >>>> > explained by you. but since the data does not readily give me the >>>> > correlation between the purchases and sales on FIFO basis, the first >>>> > problem remains. >>>> > >>>> > Interesting problem, isnt it..?? >>>> > >>>> > <><><><><><><><><><><><><><><><> >>>> > I have an idea of how to go about the problem, but i do not know how >>>> > to implement it. >>>> > >>>> > See, the data is as follows: >>>> > Date of each transaction, Quantity bought/sold in each transaction, >>>> > total amount >>>> > >>>> > we convert that data into: >>>> > Date of purchase/sale of each share, Quantity=1 (always), Rate per >>>> > share. >>>> > >>>> > So we will end up with data spreading across many rows, as each >>>> > transaction is split into several rows depending on the number of >>>> > shares involved. >>>> > >>>> > We do this for both purchase data and sale data. >>>> > >>>> > then we place the data side by side, and voila.. just subtract the >>>> > selling rate from purchase rate to get profit, then compare the dates >>>> > to categorise the transaction. >>>> > >>>> > You think it may be possible in excel?? or would it be possible in any >>>> > other manner??? >>>> >>>> >>>> >>> >>> >>> -- >>> Warm Regard >>> >>> Prashant Bhawar >>> >>> ( CA Final ) >>> >>> >> >> >> -- >> Prabhakar Jain >> Mumbai >> >> > > > -- > Regards > Tushar S Patki > > Contact Details - > 2106, Sadashiv Peth, > Dattaprasad Apartment, > Pune - 411030. > State: Maharashtra > Country: India > Phone - +91-020-24337003 > Mobile - 09850715116 > > > > > -- Prabhakar Jain Mumbai --~--~---------~--~----~------------~-------~--~----~ ---------------------------------------------------------------------------------- Some important links for excel users: 1. 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