Each PortfolioCenter performance report offers a bewildering variety of format options which determine the level of detail shown on the report. These detail formats are available on both the "analytical" reports (the original Performance reports … [Read more...]
Tracking cost basis in PortfolioCenter
Tracking cost basis in PortfolioCenter software is an increasingly time-consuming proposition. As brokers provide more accurate cost basis numbers through their downloads, we are seeing with increasing clarity how difficult it is to maintain a … [Read more...]
Handling inherited securities in PortfolioCenter
[dropcap style="light"]Q. [/dropcap]How do I get PortfolioCenter to treat the cost basis of an inherited security as "long term"? If I sell the security before a year has passed, the realized gains report classifies it as short term. … [Read more...]
Understanding the 5 Matching Methods in PortfolioCenter
Cost basis is the cornerstone of your realized and unrealized gain/loss calculations. The matching method you select for closing transactions greatly influences cost basis. Recent legislation requiring custodians to track cost basis makes … [Read more...]
