by Krisan Marotta | Feb 5, 2013 | Cost Basis
December 2012 brought PortfolioCenter users a cost basis Christmas present! These improvements slipped in so quietly during the year-end rush, you may have missed them. The closing transactions in the Schwab, Fidelity, TD Ameritrade, and Pershing transaction files...
by Krisan Marotta | Sep 18, 2012 | Cost Basis
What do you do if cost basis in PortfolioCenter reconciled with your broker yesterday but fails to reconcile today? Is your broker Schwab? Is the only new trade a charitable gift (i.e. a transfer of a security)? Do you use Lowest Cost for charitable gifting, but...
by Krisan Marotta | Jun 25, 2012 | Cost Basis
What do you do if cost basis in PortfolioCenter reconciled with your broker yesterday but fails to reconcile today? I recently encountered a position with relatively few trade lots (4 lots: 1 buy and 3 reinvested dividends). The cost basis reconciled to the penny and...
by Krisan Marotta | Jan 2, 2012 | Cost Basis
Wondering what the “W” means that has begun appearing in the comment field on the cost basis reconciliation report in Schwab’s PortfolioCenter? It means that position is affected by a wash sale. If you sell a position at a loss and purchase that...
by Krisan Marotta | Dec 31, 2011 | Performance
Did your Schwab accounts reconcile yesterday and today 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...
