According to our By Laws when a member joins after the club
has been established there is a joining fee.  We had a
member who joined late and the fee was collected and entered
as a fee.  No under the Member Performance report the
Annualized Interest Rate of Return comes up negative (-);
i.e. -18.6%.

Is there any way to add the fee without causing the negative
Annualized Interest Rate of Return?

No, and you don't want to. The joining fee is part of that member's cost basis in the club and is correctly part of any return calculation.

 

Ira Smilovitz