Investment Profile

Investment Profile in PrismERP is used to record and manage investments such as fixed deposits and government bonds. Users can define investment types, assign the related ledger accounts, and maintain investment details, including issue date, maturity date, investment amount, and interest rate. The records also include tax, bank charges, interest payments, renewals, and related accounting vouchers.

Add New Investment Profile Type

Field	Action
Add New Type	Enter the name of the investment profile type.
Is Employee Associated	Specify if the investment is linked to an employee.
Investment Account	Select the main account for recording the investment.
Interest Income Account	Select the account where interest income will be posted.
Interest Payable Account	Select the account where interest payable will be recorded.
Interest Expense Account	Select the account for interest expense entries.
Interest Receivable Account	Select the account for interest receivable entries.
Bank Charge Account	Select the account for bank charges related to the investment.
AIT Account	Select the account for Advance Income Tax (AIT) related to the investment.
Excise Duty Account	Select the account for excise duty, if applicable.
Bond Premium Account	Select the account for any bond premium transactions.
Status	Set the status of the investment profile type (Active/Inactive).

After adding an investment profile, the record appears in the Investment Profile list. Users can search by investment name, filter records by employee association or active/inactive status, and add, edit, or delete investment profiles. The status of an existing profile can also be updated.

Add New Investment Profile

Field	Action
Investment Name	Enter the name of the investment profile.
Investment No.	Enter a unique number to identify the investment.
Investment Acc. No.	Enter the main account number linked to the investment.
Is Employee Associated	Specify whether the investment is linked to an employee (Yes/No).
Employee	Select the employee associated with this investment, if applicable.
Investment Type	Select the type of investment (e.g., Fixed Deposit, Government Bond).
Project	Select the project associated with the investment, if any.
Branch	Select the branch where the investment applies.
Bank	Select the bank handling the investment.
Bank Branch	Select the specific branch of the bank.
Entry Date	Enter the date when the investment is recorded in the system.
Issue Date	Enter the date when the investment is issued.
Tenure (Months)	Enter the duration of the investment in months.
Days in Year	Enter the number of days considered for interest calculation (default 365).
Deduct From Salary	Specify whether the investment amount will be deducted from employee salary (Yes/No).
Face Value	Enter the face value of the investment.
Investment Amount	Enter the total investment amount.
Premium Amount	Enter any premium amount associated with the investment.
Maturity Date	Enter the date when the investment matures.
ROI Rate (%)	Enter the rate of interest applicable to the investment.
Interest Charge Frequency	Select how often interest is charged (e.g., monthly, quarterly).
Source Tax Rate (%)	Enter the tax rate applicable to the investment source.
Interest Payment Start	Select the date when interest payments start.
Remarks	Enter any additional notes or instructions regarding the investment.
Investment Account	Select the account for recording the investment.
Interest Income Account	Select the account where interest income is recorded.
Interest Receivable Account	Select the account for interest receivable entries.
Interest Payable Account	Select the account for interest payable entries.
Interest Expense Account	Select the account for interest expense entries.
Accrual Interest Account	Select the account for accrued interest.
Bank Charge Account	Select the account for bank charges related to this investment.
AIT Account	Select the account for Advance Income Tax (AIT).
Excise Duty Account	Select the account for excise duty, if applicable.
Premium Account	Select the account for any bond or investment premium.

The Investment Profile list contains the investment records added to PrismERP. From this list, users can find investments by number, narrow down records using filters such as investment type, branch, project, issue date, maturity date, employee association, and status, and update the status when needed. Options are also available to add investment types, create or edit investment profiles, and generate vouchers for employees directly from the list.

When a user opens an investment profile, the details page provides access to the investment information, related accounting vouchers, ledger entries, renewal records, and attachments. Users can also manage related documents and generate or download investment reports in different formats.