Blog | Krisan's BackOffice Inc

What do the columns mean on PortfolioCenter performance reports?

Here’s a brief definition of the columns on the various PortfolioCenter Performance Reports. The key is realizing the numbers apply only to the reporting period.

How much does Schwab’s PortfolioCenter cost?

PortfolioCenter is worth the cost, especially considering what it does for you. But if you truly can’t afford the cost yet, you still have options.

Bifurcation and backdated transactions

Bifurcation threatens to be the monster that devours all your time. Here’s one more item to add to your list: backdated transactions.

Bifurcation: One more step in PortfolioCenter

There’s an additional step which is not discussed in the PortfolioCenter documentation for dealing with the bifurcation of average cost mutual funds.

Time to Adjust PortfolioCenter for New Year’s Day 2012

Since the New Year’s Day market holiday fell on January 2 for 2012, the market holiday needs to be modified in PortfolioCenter for accurate performance.

What is the “W” on the Cost Basis Reconciliation report?

Wondering why a “W” sometimes appears in the comment field on the PortfolioCenter cost basis reconciliation report? Here’s the answer.

Why does Schwab fail to reconcile with PortfolioCenter?

Did your Schwab accounts reconcile yesterday but today the money market on every account fails to reconcile? Here’s why.

Handling Partial Wash Sales in PortfolioCenter

Partial wash sales impact both open and closed positions. They must be adjusted to maintain accurate cost basis in PortfolioCenter.

Are you ready for bifurcation?

Managing bifurcating in PortfolioCenter will involve complicated manual data entry, potentially affecting 1000’s of lots over many years. However, you can avoid it.