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 ...
would love some help on this one I paid out a member on his withdrawal from our fabulous club but made an error in the withdrawal amount in Bivio, but the correct amount was transferred from the bank account - and so the records don't ...
In a message dated 5/17/2005 3:50:05 A.M. Eastern Daylight Time, brenda2001@bivio.com writes: Are there certain steps that need to be taken? Thanks for some guidance here - "help" wasn't much help but then I'm sure it's the user Try the following article: How to Dissolve ...
The ever growing awareness of problems with NCA and OPS presents an oportunity for competition. Bivio IMHO is in a great position to offer a data service in addition to their outstanding club accountion program. I would have no objection to paying a premium over ...
How is the basis of a stock reported when it is given to a departing member instead of cash. The valuation date for a departing member is defined in the Partnership Agreement.. The amount due this person as well the value of the stck transfered ...