Knowledge Base

What is a monthly ledger statement?

A monthly ledger statement is a document that is sent to a trader or investor by their broker at the end of each month. It lists all of the transactions that have taken place in the trader or investor’s trading account during the month, including:

• Buys and sells of securities
• Dividends and interest payments
• Commissions and fees

The monthly ledger statement is an important tool for traders and investors to track their performance and to make informed decisions about their investments. It can also be used to reconcile the trader or investor’s trading account with their bank account.

How to read a monthly ledger statement?

The monthly ledger statement is a relatively straightforward document. The following is a brief overview of how to read it:

Transaction Date: This contains the date on the particular transaction carried out

This information is important in order to track when a transaction took place, as well as to ensure accuracy when reconciling records and statements.

Exchange Segment: This indicates on which exchange segment the trade is settled in

Particulars: This contains the narration of the transaction carried out. The details/narration section contains information about the transaction such as the type of transaction, the date, and the amount involved.

Debit: This contains all the debit amount from the transactions made

Credit: This contains all the Credit amount from the transactions made

Net: This contains the running total of Debits and Credits

Balance: This contains the available balance post debit/credit

What to do if you have questions about your monthly ledger statement?

If you have any questions about your monthly ledger statement, you should contact our support team. They will be able to explain the statement to you and answer any questions you have.

I hope this blog was helpful.

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