club_cafe: Error on Balance Sheet Report & Unit Differences

iras1 on

In a message dated 9/16/2007 4:45:12 P.M. Eastern Daylight Time, ispang@bivio.com writes:

On the Balance Sheet Report there is an error in addition of
the "Total Investment (Cost Basis) " figure. Also, the
units credited from bivio are not in agreement with the
units credited from CA3. Has this happened to others?

I can't address the cost basis figures without seeing the two datasets, but units credited figures can vary between the two programs for a variety of reasons: 1) different valuation dates were used for determining the unit value; 2) slightly different prices were used for the stock prices on the valuation date, or 3) very slightly different amounts may be the result of different calculation/rounding algorithms.

Ira Smilovitz

See what's new at AOL.com and Make AOL Your Homepage.

Irene Spang on

IraS1@aol.com wrote:
> In a message dated 9/16/2007 4:45:12 P.M. Eastern Daylight Time,
> ispang@bivio.com writes:
> On the
> Balance Sheet Report there is an error in addition of
> the "Total Investment
> (Cost Basis) " figure.  Also, the
> units credited from bivio are not in
> agreement with the
> units credited from CA3.  Has this happened to
> others?
>
>
> I can't address the cost basis figures without seeing the two datasets, but
> units credited figures can vary between the two programs for a variety of
> reasons: 1) different valuation dates were used for determining the unit
> value; 2) slightly different prices were used for the stock prices on the
> valuation date, or 3) very slightly different amounts may be the result of
> different calculation/rounding algorithms.
>  
> Ira Smilovitz
>
>
> See what's new at AOL.com and Make AOL Your Homepage.
Ira -

Thank you for your prompt reply to my email. I am still
confused as to the reason for the great difference between
the two systems. For example, CA3 lists total units as of
9/14/07 as 1,620.580218, while bivio gives total units as of
9/14/07 as 1,620.287022.

With regards to the cost basis of our stocks, the numbers
are as follows:
4483.74+4698.80+4427.09+4004.99+2226.63+2261.39 which totals
22,102.64. Bivio lists the total as 22,096.43. It is a
small difference, but is confusing.

Irene Spang

Jim Thomas on

> With regards to the cost basis of our stocks,
> the numbers are as follows:
> 4483.74+4698.80+4427.09+
> 4004.99+2226.63+2261.39

Are those the cost basis figures shown on the *bivio*
balance sheet report? If not, the real problem may be that
the cost basis figures recorded in bivio and those recorded
in CA3 aren't the same.

> which totals 22,102.64. Bivio lists the
> total as 22,096.43.

-Jim Thomas

Irene Spang on

Jim Thomas wrote:
> > With regards to the cost basis of our stocks,
> > the numbers are as follows:
> > 4483.74+4698.80+4427.09+
> > 4004.99+2226.63+2261.39
>
> Are those the cost basis figures shown on the *bivio*
> balance sheet report? If not, the real problem may be that
> the cost basis figures recorded in bivio and those recorded
> in CA3 aren't the same.
>
> > which totals 22,102.64. Bivio lists the
> > total as 22,096.43.
>
> -Jim Thomas
Jim -

Those are the figures recorded on bivio and CA3.

Irene Spang

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