ESRX Purchase of MHS
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ESRX Purchase of MHS We owned 120 shares of MHS. We now have 97 shares of ESRX and our cash balance increased by $3,456. I noticed that this transaction was not automatically imported to our Bivio account. Therefore I entered two transactions: (1) Merger of ESRX resulting in 97 shares and (2) Return of capital of $3,456 from ESRX. Is that is the correct way to recognize this transaction? Thanks. Jim Miller "We owned 120 shares of MHS. We now have 97 shares of ESRX and our cash balance increased by $3,456. I noticed that this transaction was not automatically imported to our Bivio account. Therefore I entered two transactions: (1) Merger of ESRX resulting in 97 shares and (2) Return of capital of $3,456 from ESRX. Is that is the correct way to recognize this transaction? Thanks. Jim Miller" Dear Jim, No. That is not the correct way to make the merger entries. You can find out further details here: https://www.bivio.com/club_cafe/mail-thread?p=105260800003 If you email us at support@bivio.com, we'll be glad to make the calculations and entries you need for you. Thank you for using bivio! Laurie Frederiksen Become our Facebook Friend! www.facebook.com/bivio I checked again our club's Bivio account and determined that the ESRX purchase of MHS did automatically get integrated into Bivio. I also checked out the link which helped. Thanks. Jim Miller Thanks Jim. The AccountSync updates were made yesterday. I'd recommend everyone double check the entries for their clubs to make sure they are complete. It looked like some of the brokers hadn't posted some of the cash in lieu payments yet. Also, if you had reorganization fees charged by your broker, those may need to be handled separately also. Just email us in support if you have any questions about what you see. Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe On Thu, Apr 12, 2012 at 9:52 AM, James A. Miller wrote: I checked again our club's Bivio account and determined that Hi Laurie, I checked acc't sync from TDA to Bivio 1.A return of Capital of $186.86 2.A long term capital gain of $1253.14 3 Expense TDA Service charges and fees
$20 I presume the cash in lieu of fractional shares should be posted in the near future. I should be alert that it is posted eventually. Is there anything that has to be changed regarding the $20 reorganization fee? One final question should I also be looking for shares of EXRS? We had 50 shares of MHS. Thanks so much. Liz From: Laurie Frederiksen <laurie@bivio.biz> To: club_cafe@bivio.com Sent: Thursday, April 12, 2012 10:28 AM Subject: Re: [club_cafe] Re: ESRX Purchase of MHS Thanks Jim. The AccountSync updates were made yesterday. I'd recommend everyone double check the entries for their clubs to make sure they are complete. It looked like some of the brokers hadn't posted some of the cash in lieu payments yet. Also, if you had reorganization fees charged by your broker, those may need to be handled separately also. Just email us in support if you have any questions about what you see. Laurie Frederiksen Invest with your friends! www.bivio.com Become our Facebook friend! www.facebook.com/bivio Follow us on twitter! www.twitter.com/bivio Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe On Thu, Apr 12, 2012 at 9:52 AM, James A. Miller wrote: I checked again our club's Bivio account and determined that |
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