For trading businesses, commission and brokerage are not just line items on a statement. They affect every transaction and need to be tracked carefully by party, by item, and by period. Managing commission and brokerage tracking alongside your regular accounts in the same software saves time and prevents errors.
The Problem with Separate Tracking
Many traders track brokerage in a separate notebook or spreadsheet while their main accounts run in another system. This creates reconciliation problems at month end, makes it hard to see the true cost of each transaction, and leads to disputes with brokers over figures.
How SoftTrade Handles Commission and Brokerage
Brokerage per Transaction
In SoftTrade, brokerage can be configured for each party or transaction type. The correct brokerage amount is calculated automatically and linked to the right party ledger. There is no separate calculation to do at the end of the month.
Commission Statements
Generate ready-to-share brokerage statements for any party for any period. The statement shows every transaction, the brokerage amount, and the running total. This makes settlement with brokers fast and transparent.
Expense Tracking
Record all business expenses against the correct account head. Transport, labour, storage, and other costs are tracked alongside your trading transactions so your P&L always reflects the real picture.
Party-wise Analysis
SoftTrade generates party-wise reports that show total sales, brokerage earned or paid, and net receivable or payable for any period. This level of detail is essential for managing a business with multiple brokers and agents.
One System for Everything
When commission, brokerage, and expenses live in the same system as your trading accounts, reconciliation becomes simple and disputes become rare. Book a free demo with SoftTrade to see how it works for your business.
