Ledger Lessons: Monitor Your Trading Account Transaction The Right Way!5 min read

Ledger Lessons: Monitor Your Trading Account Transaction The Right Way!5 min read

A ledger is a one-stop statement in your stock trading journey that helps you understand the details of all the funds transactions done in your account for the specified period. It provides customers with insights regarding the fund additions and deductions that happened in their trading account over a period and also provides the closing balance of the customer’s account. From this information, the customer can find out whether the available investing balance is equal to the amount given on your Paytm Money portal.

Customers can view the ledger on your Paytm Money by following below given steps:

• Paytm Money Web Portal:
  • Log in to your Paytm Money account
  • Click on Funds from Top Menu

• • On the funds page, select Ledger History to view your ledger
    

• Paytm Money App:
  • Log in to your Paytm Money account
  • Select Stocks to go to the Equity Section
  • Click on Account from the Bottom Menu

• • Then, Click on Ledger History to access your ledger history
    

Customers can also email the ledger statement from the Paytm Money Account by following below given steps:

• Paytm Money Web Portal
  • Log in to your Paytm Money account
  • Click on Account Section
    

• • Click on Statements from the left side menu and further select the Ledger Statement from the drop-down menu
  • Select the time period for which you need the ledger statement and Click on Email
• Paytm Money App:
  • Log in to your Paytm Money account
  • Click on Account Section
    

• • Click on Statements from the menu and further select the Ledger Statement
  • Select the time period for which you need the ledger statement and Click on Email

The ledgers for all Paytm money customers get updated at around 6 AM to 7 AM every day with all the information till yesterday. In the Ledger View, we also provide information about Pending Settlements which consists of the Delayed Payment Charges and DP Charges which are charged by Depository for various depository transactions. We settle these Pending Settlements every month on the first day of the month. The amount available for investing is calculated from the Closing balance after deducting some other amounts (eg. margin utilised in the orders which are currently placed by the customer) from Closing Balance. The Closing Balance = Previous Balance – Pending Settlements.

There are multiple types of transactions that can be found in the Paytm money ledger. Each transaction is accompanied by narration which explains the details of the transaction.

The types of entries are given below along with the example narration:

1. Entry Type: Funds Addition
   Narration Example: Fund Add : EQUPI202310269942495239
   Details: This is a fund addition entry that gives information regarding the medium of funds paid along with a unique id
2. Entry Type: Funds Withdrawal
   Narration Example: Fund Withdrawal: EQOUT202311019600565248
   Details: This is a fund withdrawal entry along with a unique id.
3. Entry Type: Monthly DP Bill Settlement
   Narration Example: Depository Bill with GST for the month of October 2023
   Details: This is a monthly Depository Bill settlement entry which includes information of the month for which the amount is settled.
4. Entry Type: Monthly Running Account Settlement entry
   Narration Example: Running Account Settlement

Details: If the customer does not trade for a month, as per SEBI compliance, the stock broker needs to transfer all the customer Broker Account amount to the customer’s bank account. This entry is for the same transaction.

1. Entry Type: Quarterly Running Account Settlement entry
   Narration Example: QUARTERLY SETTLEMENT – N
   Details: As per the SEBI compliance, the stock broker needs to transfer all the customer Broker Account amounts to the customer’s bank account at least once a quarter. This type of entry represents the same transaction.
2. Entry Type: Equity Transactions Daily Settlement Entry
   Narration Example: SETTNO=2023628BSECMRDBILL POSTED
   Details: If the customer has traded in Equity stocks in a day, a settlement entry for that day gets generated in the customer’s ledger which gives information about the final settlement amount for that day in the EQ segment.
3. Entry Type: F&O Transactions Daily Settlement Entry
   Narration Example: BSEFOApr 21 2023 BILL POSTED
   Details: If the customer has traded in the F&O segment in a day, a settlement entry for that day gets generated in the customer’s ledger which gives information about the final settlement amount for that day in the F&O segment.
4. Entry Type: Journal Voucher entries
   Narration Example: Platform Fees incl of 18% GST
   Details: Any other charges for example platform fees, onboarding fees etc. are provided in the ledger as a JV entry along with the concerned narration for deduction.
5. Entry type: Delayed Penal Charges
   Narration Example: Delayed Penal charges for October 2023
   Details: This is a monthly Delayed Penal Charges entry which includes information of the month for which the amount is settled.
6. Entry type: Payment Gateway Charges – Net banking
   Narration Example: Transaction Charges inclusive of GST:-EQIN202309116798589440
   Details: The charges charged for using payment gateway for net banking funds addition transactions.

We also have an Annual Ledger Statement available on Paytm money Platform. By using the Annual Ledger statement, the customer can get information about funds transactions in his/ her trading account over a time period of one year.

Customers can also email the annual ledger statement from the Paytm Money Account by following below given steps:

• Paytm Money Web Portal
  • Log in to your Paytm Money account
  • Click on Account Section
    

• • Click on Statements from the left side menu and further select the Annual Ledger Statement from the drop-down menu
  • Select the financial Year for which you need the ledger statement and Click on Email
• Paytm Money App:
  • Log in to your Paytm Money account
  • Click on Account Section
    

• • Click on Statements from the menu and further select the Ledger Statement
  • Select the time period for which you need the ledger statement and Click on Email

Disclaimer: Investments in the securities market are subject to market risks, read all the related documents carefully before investing. This content is purely for information purpose only and in no way to be considered as an advice or recommendation. Paytm Money Ltd SEBI Reg No. Broking – INZ000240532. NSE (90165), BSE(6707) Regd Office: 136, 1st Floor, Devika Tower, Nehru Place, Delhi – 110019. For complete Terms & Conditions and Disclaimers visit: https://www.paytmmoney.com.