Is anyone using ERPNext for recording Stock Trading on Equity Markets?

ERPNext User Forum
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What is the best way to record trading transactions and maintaining account books using ERPNext.
Specifically how should we record the following transactions:

  • Buying a stock via Broker on NSE/BSE for a specific Demat Account at a certain price.

  • Updating the value of Stocks periodically as per market rate. Also tracking change in stock value

*Recording a selling transaction and calculating capital gains(profit)

It seems to me that it should be an entire module ? It will be really helpful if someone has some experience with ERPNext and Stock Market.

3 Likes
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I am also wondering if I could use ERPNext for trading and portfolio management for myself and my clients together in one company.

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@dhananjay @Amarjeet_Singh_Sintu

Check below the the details of implementation of erpnext for brokerage company

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May be Zerodha can make a contribution ?

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These are not personal investments, but stock investments made by an organization.

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One interesting approach could involve leveraging artificial intelligence for a more dynamic strategy. You might consider implementing a trading bot that interfaces with ERPNext, automating buy/sell decisions based on AI analysis of market trends. As for recording transactions, you could customize ERPNext’s modules to suit your needs.

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Just to be clear, the question was about how Stocks can be recorded as regular assets.
The only answer I could find was recording them as Assets. These assets will not have a depreciation entries.

ERPNext does not have an easy Asset Management module for stocks. Recording of stocks has to be inline with how the trading platform like Zerodha does.

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Frappe Coin, our own cryptocurrency is entirely run on ERPNext.