Why do we record the income?

  • You can achieve better control over your finances. The more TradeMax is aware about the money you have coming in, the more accurately TradeMax can estimate what you’ll have left.
  • You can save time. TradeMax remembers the details of the deposits and other incomes that you add here so you don’t need to reenter all of the same information each month.
  • You can get valuable tax information.

Just follow the step-by-step instructions to get a better handle over your trades.

  1. Select the records you want to append.
  2. Right-click on the record and select Event Append in the context menu, then choose Inc-Income from its dropdown list.
  3. A dialog box will pop up:
  4. Type the infomation into the box.
    • Select the Transaction Date with you mouse or enter with you keyboard
    • Account is the account to which the selected record belongs .
    • Security Name is the name of the security you have selected. You can select security name from the dropdown list. If the security name dosen’t exist in the dropdown list, you can selectto add a new one through editing the dialog box.Learn more about: Symbol box parameter
    • Manually enter the amount for Dividend, Interest, Short-term cap gain dist( Short-term capital gain distribution), Long-term cap gain dist( Long-term capital gain distribution), Miscellaneous,etc. Or you can leave some of them blank .
  5. After checking the information, click OK to continue the process. You will see the following grid:The record has been split into several records.
  6. You can cancel this action with the Undo Button in the trade tab.