Introduction:
Transaction management is a critical aspect of financial advisory services. MADOSX, a dynamic platform developed in MADOSX, provides a feature to manually delete transactions across various asset classes such as Client Mutual Funds, Stocks, and PMS Transactions. This step-by-step guide will walk you through the process of using the "Delete Transactions" feature in MADOSX. For visual assistance, refer to the attached PDF guide and YouTube video showcasing the process. The "Delete Transactions" feature in MADOSX allows you to manually delete transactions, ensuring accurate and up-to-date records for your clients.
Accessing the "Delete Transactions" Feature:
- Navigate to Data Management: Log in to your MADOSX account and navigate to the Data Management section.
- Click on "Delete Transactions": Within the Data Management menu, find and click on the "Delete Transactions" option.
Performing Transactions Deletion:
- Choose Date Range: Specify the date range (From & To) during which the transactions occurred.
- Select Client Name: Indicate the name of the client for whom you intend to delete transactions.
- Initiate the Search: Click the "Search" button to retrieve transactions matching your criteria.
- Display of Folios/Schemes: All relevant folios/schemes for the chosen client and date range will be displayed.
Deleting Specific Transactions:
- Mark the Checkboxes: To delete specific transactions, mark the checkboxes associated with the relevant securities or folios/schemes.
- Click "Update": Confirm your selection and initiate the deletion process by clicking the "Update" button.
- Successful Deletion: The transactions for the selected securities or folios/schemes will be successfully deleted.
Deleting Individual Transactions:
- Detailed Transaction View: For deleting single transactions while keeping the entire folio/scheme, access the detailed view by clicking the downward arrow next to any folio/scheme.
- Delete a Single Transaction: Within the detailed view, pinpoint and select the transaction you wish to delete. Confirm by clicking "Update."
- Transaction Successfully Deleted: The chosen individual transaction within the folio/scheme will be successfully removed.
Usefulness for Data Correction:
Addressing Duplicate Transactions: The "Delete Transactions" feature is particularly helpful for rectifying instances of duplicate transactions received from RTAs. Refer to the PDF Guide & YouTube Video: For comprehensive visual instructions and additional insights, refer to the attached PDF guide and watch the YouTube video showcasing the process.
Note:
Enhance your transaction management capabilities with MADOSX "Delete Transactions" feature. While this function is powerful, it's rarely used and might not be necessary for teams with established workflows. Before using it, consider your team's specific needs and consult the attached resources.
Disclaimer:
This guide is meant for educational purposes only. Before utilizing the "Delete Transactions" function within MADOSX, exercise caution and ensure a thorough understanding of its implications. Maintain data accuracy and streamline your processes for exceptional client service. The content of this article is for educational purposes only and does not constitute financial advice. Personal data within the reports has been blurred to ensure the privacy and data security of individuals. When utilizing MADOSX features, it's crucial to adhere to the terms and conditions set forth by Vijya Fintech Pvt Ltd.
Related Articles
Executing P2P Transactions
Introduction: P2P (Peer-to-Peer) lending and investment have gained significant popularity as alternative investment avenues. MADOSX, the advanced platform by Vijya Fintech Pvt Ltd, enables financial professionals to seamlessly execute P2P ...
Equity Transactions via MadosX
Introduction: Seamless equity transactions through a stock broker are now at your fingertips with MADOSX. In this step-by-step guide, we will walk you through the process of placing equity transactions via MADOSX. This comprehensive platform ...
Folio Master & Management
Introduction: Efficiently managing folios is essential for financial service professionals, and MADOSX offers a robust set of tools to streamline and simplify folio management. In this article, we will provide a step-by-step guide to using the Folio ...
NSE NMF Transaction Process
Introduction: NSE NMF (National Stock Exchange - New Mutual Fund) is a powerful platform that enables seamless and efficient mutual fund transactions. In this step-by-step guide, we will walk you through the process of placing NSE NMF transactions ...
Maximize Your Insights with Advisor Reports
Introduction: As a financial advisor, staying informed about your clients' portfolios and business performance is paramount. MADOSX Advisor Reports feature provides you with a suite of powerful reports to help you monitor, analyze, and enhance your ...