Why do we withdraw from an account?
There are times when you want to withdraw a sum of money from an account to conduct other transactions. TradeMax provides you with such a function to manage your portfolio better .

Follow the step-by-step wizard to withdraw from account.

  1. Select the record from which you want to withdraw.

    Learn more about: How to select trade records.

  2. Right-click on the selected record and select the Event Append in the context menu, then choose Withdraw from Account in the dropdown list
  3. A dialog box will pop up:
  4. Type the information into the box:
    • There are two kinds of transactions in the dropdown list:  Deposit to Account and Withdraw from Account. The default Transaction depends on your location in the previous step.
    • Select the Transaction Date with your mouse or enter using your keyboard
    • Account is the account to which the selected record belongs .
    • Manually enter the amount you want to deposit. The Amount is equal to Base Amount.
    • The description of security is displayed in the Notes field automatically.
    • In the Event Include In Year field, you can activate the checkbox and enter the specific tax year  so that you can view this record in Baseline view of the specific financial year.
  5. After checking the information, click the OK button to continue the process. You will see the following grid:
  6. As you see from the picture, the new WithDraw record is generated automatically.

  7. You can cancel this action with the Undo Button in the trade tab.