Bank Deposit Sweep question

[larryw]

I have a year to date report which include each of my stock investments. In this report I include my Bank Deposit Sweep.

The investments date back to last year and include opening balances as of 1/1/16. However, the Bank Deposit Sweeps show $0 with Contribution and Withdrawal and then of course the ending balance.

Why does it show $0 opening balance? Additionally while not an investment I do like to include it but the contribution and withdrawals skew the % gain. Any way to fix this in some setting?

[Mark]

Hi larryw,

The Beginning Value in the Portfolio Performance report is the value on the morning of the report starting date. So, if your report starts on 1/1/16, the Beginning Value is the same as the closing value on 12/31/15. If you buy shares on 1/1/16, these are considered contributions, and won't be part of the Beginning Value, as they were made within the report date range, not before the start.

How is this skewing the %Gain? Do you mean the %Gain for just your bank deposit sweep, or for the whole portfolio? Can you give me some example numbers?

[larryw]

Thanks, but never mind for now.

I discovered that the balance in the sweep had a 1/1/16 date rather than the actual ending balance as of 12/31/15. I'll have to work on it to see why since these are import numbers.