This is our club's first member withdrawal since signing up
with Bivio. (We have used NAIC Club Accounting since our
club's inception in 1996.) In the past when we had a member
withdraw, there was a "withdrawal report" that I could
generate, print and send to the member with their full
distribution check that showed their gain or loss, etc. I
cannot find such a report at Bivio. I am sure I'm gonna get
some questions from at least one of these two withdrawing
members about her gain/loss. The withdrawal valuation date
is 12/31/02 and the withdrawal is effective 1/01/03 so I
understand they will get K-1s next year, but where is the
report at the time of withdrawal to provide all the
information? Thanks.
Sherry Culbertson, Financial Partner
STARS Investment Club