Obviously, you're seeing one of the disadvantages of trying to keep all members equal. It doesn't always work as planned. Not to mention that it will get more and more difficult to find new members who can afford such a large initial investment.

 

But to solve your problem, I would look at the following. First, rerun your valuation which showed that your existing members had 632.248698 shares worth $6.358.50. It's possible that even though you think you ran the valuation on 7/25, you actually got 7/24 results because the 7/25 data hadn't posted yet.

 

Once you know for sure that you have 7/25 data (or know for certain what date's data you do have), edit the new members' contributions and make sure that the valuation date is the same as that used for the existing members.

 

This should solve your problem. If it doesn't, drop a line to support@bivio.com and they'll be able to help you directly.

 

Ira Smilovitz

 

Our club's bylaws have consitently said that all members
will have an equal share in the club, and to-date we have
kept that philosophy.    We added three new members (July
25), and in an effort to keep their shares and investment in
line with the remaining members of the club, we took a
Valuation and printed a Member Status report which showed
each member's share to be valued at $6,358.50 for 632.248698
shares.

For each of the three new members, we deposited $6,358.50,
for a total of $19,075.50.   When I input them into the
system, their Investment and Shares do not equal the other
members - it actually shows less.    Is there a way to get
the new members in sync with the old ones?