Anyone from Minnesota have some difficult working with getting their club set up in Minnesota? I am having a hard time we currently according to the state are only seen as a assumed name when I am sure that I paid for us to be ...
Hey Rob, congratulations on making it into Kiplinger's December issue. You're on Page 20. I received my complimentary copy today, even though they didn't use any of my interview. Crank up that page counter! There was a nice plug for the "Bivio most held stocks!" ...
In a message dated 10/24/02 2:51:56 PM Eastern Daylight Time, lynn@bivio.com writes: Thank you Ira. Your original response didn't seem to address what I was trying to accomplish. But I understand what you are saying now. Unfortunately, I don't like it! <G> I'm suppose to ...
Yes, Lynn. That would be the easiest way to handle it. We don't need to make this any more complicated then it has to be. You could also simply credit a liability called "due from partners" and debit it when they pay the Club back. ...
Thanks for the feedback. I guess each club needs to do whatever works. Just don't get to 'flabbergasted' by what other clubs do>> It is after all the returns that count and I can assure you our seven years have resulted in percentages that any ...
For those who don't know what Brian is talking about, check out http://www.bivio.com/trez_talk/ It is a series of articles and responses written by Rip West and Jerry Dressel between 1/00 and 9/01. Lots of great information can be found there. Ira Smilovitz In a message ...
Based on your scenario - if the money is there the night of the meeting you should not have to make any other transaction than if the member was there and paid the money. Only if a payment is not received - and is subsequently ...
Hi Ira, That's it exactly!! Our group has been doing it that way since we've been with Bivio. Your explaination was perfect! Rip West also gave a great explaination of this in the old Trez Talk in Bivio. Brian Original Message Follows From: IraS1@aol.com Reply-To: ...
Lynn, I did understand your question, and I gave you the correct responses. I just failed to explain the reasoning. From the standpoint of your club's members, the annual $14 NAIC fee is a potential tax deduction (investment expense - miscellaneous itemized deductions). What you ...
Juan, I just reread your response to my question and I was flabbergasted that your club would need a collection officer! It's hard work keeping a club successful--especially for the long term. It has to be run like a business, or it just won't make ...
>>Situation: NAIC club member dues were due. Two members were absent, and forgot to forward their checks to the meeting. The club covered this expense for them, and they have since paid the club back. >>Where do these transactions go? Do I debit, then credit, ...
Situation: NAIC club member dues were due. Two members were absent, and forgot to forward their checks to the meeting. The club covered this expense for them, and they have since paid the club back. Where do these transactions go? Do I debit, then credit, ...
I am very surprised the Bivio did not make this weeks Barron's list of top websites. I do recall that Bivio did get a favorable mention in Barrons in a separate story. I can think of no other web based system that is as easy ...
Happy Birthday to you! Happy Birthday to you! Happy Birthday dear Bivio, Happy Birthday to you! Congratuations on 4 years of club accounting success. And to think, you were voted the least likely to succeed by some of your competition! <G> The subtle changes you ...
I checked with several banks in the Chicago area and I could not find one that would be cost effective. Even a $1 or $2 per transaction on a $50 to $100 per month member investment would eat into your returns. There seems to be ...