Schwab Interface Settings: Transfer Parameters

Schwab Interface Settings: Transfer Parameters

Confused about what settings to choose in the Schwab Interface Transfer parameters?  Here is what I recommend. Method for Posting Canceled Trades:  Choose “Mark Trade as Cancelled” This setting determines how corrections are handled.  The options are: 1)...
Schwab Interface Settings

Schwab Interface Settings

Confused about what settings to choose in the Schwab Interface? Schwab Performance Technologies recommends unchecking the two market value settings and checking the rest. I recommend you check them all but one of them.  Here’s why. Use current market value as...
Schwab PortfolioCenter Cash update error

Schwab PortfolioCenter Cash update error

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...
Cost basis just got easier!

Cost basis just got easier!

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...