Accounting of Trades/ Maintainence of Book

  1. Can Tally be used for accounting of all intraday trades? If No, than what else software can be used? If Yes than where can a trader learn Journal Entries by himself?

  2. What are the Approx charges of Audit ?


You can use any accounting software recording the trading transactions. You can also use the Broking house reports for your accounting so you need not repeat the entries in your books. Consolidate entry can be passed.

Charges always depends on work / volume / other transactions / size of the firm etcc. Some where it can range between 15k to 40k