Pay in pay out obligation

What is pay in pay out obligation in zerodha,how it is calculated

Pay In / Pay Out Obligation is the gross amount that is due to you / due from you. Let’s say you sold 100 shares of a company at Rs. 1000 today. The gross amount due to you will be Rs. 1L before charges. This amount will show up as Pay In / Pay Out Obligation in the contract note you will receive at the end of the day. Transaction charges and taxes are deducted from this and the net amount will be credited to your ledger. You can go through this support article to understand how to interpret the contract note.