by Krisan Marotta | Apr 11, 2014 | Reporting
Q.None of the Long Term Gains in a portfolio appear on the PortfolioCenter Income report. Am I doing something wrong? A.You are doing nothing wrong. Schwab Performance Technologies omits Long Term gains from the Income Report by design. When I called to ask why, the...
by Krisan Marotta | Mar 28, 2014 | Reporting
Q.Why does the Position Performance Summary in PortfolioCenter appear to duplicate additions and withdrawals? A.The short answer is the report does not duplicate cash flows; it includes internal movements of cash. Suppose Mr. HappyClient opens a new account and...
by Krisan Marotta | Feb 25, 2014 | Reporting
Q. Why is the gain/loss on my PortfolioCenter performance reports different than the gain/loss on the PortfolioCenter tax reports? A. Comparing the gain/loss on performance reports to the gain/loss on realized gain/loss reports is comparing apples and oranges. The...
by Krisan Marotta | Feb 4, 2014 | Reporting, SEC Audits
Suppose an SEC Auditor is asking for a transaction export and you see the error “Export Failed!” when attempting to export the ledger from the PortfolioCenter Export Wizard. Opening the log the log will likely reveal something like this: Retrieving...
by Krisan Marotta | Jan 13, 2014 | Reporting
Wondering which reports allow the use of indices and targets? As a rule of thumb, you can display an index and/or a target on any report in PortfolioCenter that includes a Time-Weighted Return calculation — which is most of the performance reports. ...
by Krisan Marotta | Dec 27, 2013 | Reporting
The market value on PortfolioCenter reports frequently differs from the market value on the brokerage statements. In every case, the PortfolioCenter value is more accurate. Here’s why the numbers may not match: Some mutual funds distribute dividends...
