Importing Transactions from Schwab

This dialog is available from the File / Import / Transactions / Schwab... menu command.

Transaction data can be imported from Schwab Data Delivery files into Fund Manager. Ask Schwab to set up your account for their "B/D Core Data Files". These files will be downloaded with filenames in the format of CRSccyymmdd.TRN. Fund Manager also supports importing from Schwab's legacy "Generic" or "Advent" formatted transaction files (CSmmddyy.TRN). During the transaction import Fund Manager will look for corresponding *.SEC, *.BLD, *.BKB, *.UPD, and *.PRI files with the same base filename for each *.TRN file. These additional files contain closing pricing and additional security information, such as the security names and investment types. If they are found, this additional information will also be imported.

Video Tutorial: See the Tutorial on Importing Position/Transaction Files.

Getting Started Tips:

When first getting started, you may want to import positions as of a certain date, and then import transactions from that date forward. If you have all the transaction data available back to inception, you can skip importing positions, and just import all the transaction data. Recommended import settings are to turn ON "Combine All Cash Transactions Into Default Cash Account", as well as leave ON "Record Corresponding Entry in Default Cash Account" when you get to the Preview page. When prompted about assigning a default cash investment for new accounts, choose both options "Create A New Cash Investment" and "Apply to All New Sub-Portfolios".

TRN File(s) to Import	Select which file(s) to import. You can either import a single file, or all the files in a single folder.
Accounts to Import from TRN File(s)	Choose whether to import all accounts in the selected files, or only a particular account. Use the "Scan TRN" button to fill in the list of available accounts in the importing file(s).
Date Range to Import	Choose the date range to import transactions.
Import into Fund Manager Portfolio	Specifies the portfolio where transactions will be imported into. Select a specific portfolio, or have Fund Manager match the account numbers from the importing file with the assigned portfolio account number. When this "matching" option is selected you can choose the "Create New Sub-Portfolios as Needed" option to have new portfolios created when a matching portfolio account number cannot be found.
Import Options	Specify whether to skip transactions that are already recorded. Also specify if new investments should be created when a matching investment could not be found. Fund Manager matches investments based on the symbol investment property, and the symbol in the importing file. Combine All Cash Transactions Into Default Cash Account: Leave this option on to put all cash related transactions into the default cash account. Normally this option is left on. This option causes all management fees and expenses to automatically go into the default cash account. If this option is turned on and you do not have a default cash account, these transactions will be skipped. When this option is off, unique types of cash transaction are each put into their own investment, based on the symbol assigned to the transaction. It is recommended to leave this option on.

Press the "Next" button after filling in all of the above fields. The importing file(s) will be read in, and you will be taken to the Preview Importing Transactions page to see what transactions will be imported.

Notes:

When you have a new account, or investments in an account, Fund Manager can/will create these for you automatically when it finds them in your .TRN file(s).

When you set up your sub-portfolios you'll want to assign the account numbers to the properties of each sub-portfolio. Fund Manager matches up the account number in the .TRN file(s) with the account numbers of a sub-portfolio. When it finds a match, it then matches up a transaction based on the symbol in the .TRN file and the recorded symbol of investments in the sub-portfolio which matched up the account number.

If no sub-portfolio with a matching account number could be found, Fund Manager will create a new sub-portfolio. On the import dialog you specify under what existing sub-portfolio this new sub-portfolio should be created. See the options: "Import Into Fund Manager Portfolio: With Matching Account Number As TRN Account" and "Create New Sub-Portfolios as Needed Under:".

If no investment with a matching symbol is found in the previously matched sub-portfolio, then Fund Manager will create a new investment file. Make sure the "Create New Investments As Needed" option is turned on when you do the import. Also, check the "Options..." button next to it to assign a folder for the newly created investments.

Once a matching investment is found, the transaction in the .TRN file will be imported into that investment.

See Also