Re: Schwab transactions?

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In Reply to: Re: Schwab transactions? posted by Jay Hegener on February 16, 2005 at 13:40:06:

: Thanks, that was fast! I guess I should shell out the $$ for the upgrade then. ;)

: Just out of curiosity... is this a problem specific to Schwab or is this a category common to the ofx transfer protocol and thus used by many brokers/institutions?

:
: Jay

Hi Jay,

This is not specific to Schwab. The OFX format specifies that certain transactions are in this "Investment Banking Transaction" category. Fund Manager was not retrieving those. This category includes items like interest on
your cash, and other additions/subtractions from your cash account that are
unrelated to any transactions in a stock or fund. The OFX data doesn't specify
a symbol or CUSIP for these types of transactions, so there is no good way to
match up these transactions against a particular Fund Manager investment. We're
working on implementing this now, and the plan is to add an option called "Import "Investment Banking Transactions" into Default Cash Account(s)". This way, all these transactions will be placed into the assigned default cash account for the particular portfolio.

Thanks,
Mark
--
Mark Beiley
Fund Manager, portfolio management software for Windows 95/98/ME/NT/00/XP/2003

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