Bifurcation: One more step in PortfolioCenter

Bifurcation: One more step in PortfolioCenter

There’s an additional step you may need to take which is not discussed in the PortfolioCenter documentation for dealing with the bifurcation of average cost mutual funds. If you plan to switch from average cost accounting long term, you should change your...
Are you ready for bifurcation?

Are you ready for bifurcation?

With the new IRS tax reporting regulations, average cost positions will be bifurcated.  Thanks to government regulation, covered and uncovered shares will now maintain a separate average unit cost which require manual data entry in PortfolioCenter to maintain accurate...