Hello All, I'm in the 90-day trial period with bivio and I couldn't be more pleased with the support received to date. Within about 30 days our clubs records with NAIC's nca system and bivio's reports match virtually perfectly. It's going to be easy to ...
Hi, I see Scottrade was recently added to the list of brokers for which bivio's AccountSync service is available. Has anyone tried this out yet? Mike Carroll Oro Valley, AZ
Generally, yes. When filing a short-year return, you use the previous year's forms, but indicate the short year via the date fields at the top of the forms. My only quibble is that your short year should begin 1/1/05 and not 12/31/04. I'm copying this ...
When we transfer a stock to a withdrawing member, does BIVIO take care of figuring out the cost basis for the club and the K1 for the member at year end ?? Thanks, Jim Prescott ( Smartcash )
For some reason, I have stopped being notified by email when there is a transaction in our account. I am listed as treasurer on the account and the co-treasurer still receives notices. I have gotten notices regularly for several years until the past few weeks. ...
Our club had 100 shares of Caesar's Resorts which merged with Harrah's on June 20, 2005. In exchange for our 100 shares of Caesar's, we acquired $568 plus 22 shares of Harrah's. I recorded the merger, but, there wasn't any place to indicate the cash ...
In a message dated 5/17/2005 7:27:04 P.M. Eastern Daylight Time, vkrodriguez@bivio.com writes: Exactly what steps do you take in the Bivio software to disband a club? Basically the same procedure as discussed in those articles. Sell all stocks that you aren't distributing to members. Record ...
We pay our NAIC dues as a club. All members give me (the treasurer) a check for the NAIC dues along with their monthly payment. How do I split the check and show the dues before I write the check to NAIC. I can put ...
In a message dated 6/28/2005 9:39:27 A.M. Eastern Daylight Time, ripwest@comcast.net writes: Ira, << Personally, I believe this is counterproductive. Members who make late payments are penalized already by owning a smaller share of the profits. >> While I agree with you that assessing a ...
In a message dated 6/28/2005 9:15:49 A.M. Eastern Daylight Time, lric@bivio.com writes: Greetings! We have recently instituted a system of levying small fines to members whose payments are not on time. Any advice on how exactly to enter this in the accounting? Thanks in advance!! ...
Greetings! We have recently instituted a system of levying small fines to members whose payments are not on time. Any advice on how exactly to enter this in the accounting? Thanks in advance!!
In a message dated 6/24/2005 10:33:34 P.M. Eastern Daylight Time, noahjames@bivio.com writes: Can I do a reverse split on the NAV? I don't think you can but I'm not going to do the work to confirm/refute this belief without understanding why you would want to. ...
Why would you want to do this? The unit value of a "share" in your club is meaningless except for calculation purposes. Members buy in using dollar amounts. They don't buy an integer number of shares. It doesn't matter to the software if someone investing ...
We had Patina Oil & Gas stock and Nobel Energy bought it. We opted to take stock for our stock. We got stock and $329.63 in cash for partial shares. How do I enter that into my accounting without showing the stock trade as a ...
On 5/31, AGRB was reorganized. The class A and B shares of Agere was converted to regular shares of AGR at a ratio of 10:1. The way Ameritrade handled this was: 5/31 charge our account a $20 reorg fee 5/31 exchange out our shares of ...