by Krisan Marotta | Jan 1, 2017 | Performance
Did your Schwab accounts reconcile on yesterday, but now the money market on almost every account fails to reconcile? This “problem” happens when the last day of the month falls on the weekend or a holiday. Here’s what happens: Schwab pays money...
by Krisan Marotta | Mar 20, 2014 | Billing, SEC Audits
The ending value for an account in PortfolioCenter frequently does not match the ending value on the brokerage statement. While this has been true since I started using PortfolioCenter in the pre-email stone age, it has become a growing problem in the post-Madoff,...
by Krisan Marotta | Jul 30, 2013 | Cost Basis
I ran into a case in PortfolioCenter where the Cost Basis Reconciliation report showed a negative cost basis for several positions that had been sold. Now what? The report looked listed 0.00 shares with a negative cost basis in PortfolioCenter (above). The problem...
by Krisan Marotta | Jul 23, 2013 | Performance
Q.I have a few accounts where the cash does not reconcile with the broker. Is it worth spending the time to reconcile them? Or should I just enter a journal to adjust the positions? A.The best solution is to keep your accounts reconciled daily with a professional...
by Krisan Marotta | Mar 12, 2013 | Tech Help
Since PortfolioCenter 5.5 improved the ability to track client account details, you may have seen the above screen and wondered what to do with it. The short answer is: do not post it. What’s Happening You may run into this suggested “update” when...
