It may be easier, but it isn't necessary. It's not that difficult to reconcile any outstanding cash transactions at month end.

 

This is no more difficult than balancing a checkbook, and usually much easier because there are fewer transactions to review.

 

Ira Smilovitz

 

It seem it would make much more sense and simplicity to have
the valuation date be the last day of the month, same as
brokerage statement: but you all never advise that? What do
you think?