Stocktax: Stock Trader's Tax & Accounting Companion

STOCKTALK

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Non-Tech
Stocktax: Stock Trader's Tax & Accounting Companion

An SI Board Since March 1999

Posts	SubjectMarks	Bans
118	13	0

Emcee: Madhur	Type: Unmoderated

Introduction Compact

This subject is dedicated to the discussion and support of a new tool for the Stock Trader:
Stocktax: Stock Trader's Tax & Accounting Companion
obvioussoft.com
Stocktax comes with a free 30 day trial and online help.

StockTax will process all your trades/orders, sort and match corresponding orders,
calculate the profit/loss for each trade and produce for example a
ready-to-file 1040 Schedule-D report saving you many hours of time much better spent!
StockTax98 can even download your Townsend/Southwest Margin Reports directly onto your hard disk!
StockTax can process many different kinds of input formats:
- Townsend Daily Margin Reports
- RealTick trade files (\RealTick\parm\TRDS*.csv)
- Qicken Input Format (QIF)
- DATEK Transaction History
- E*Trade
- Brown & Co
- Discover
- Manual Input
StockTax also generates a Trading Activity Summary/Analysis.
"DT-RIM (Realtime Idea Machine/Portfolio Monitor)" will maintain
your trading activity in its own Quicken Input File (RIM.QIF),
which of cause can be directly used in StockTax to monitor your
trades on a regular basis! (http://www.ProfSoftware.com/rim)

Cheers,
Burkhard (Madhur) Eichberger
(Obvious Software LLC)
osoft@pobox.com

Here is an example of the StockTax report output:
=====================================================================
Account# : TESTAC1234
Input from: c:\Stx98\yourdata\samples\datek

Type Shares Symbol Date Net Paid Date Net Received Gain or Loss Percent
==== ====== ====== ========== =============== ========== =============== =============== =======
Long 900 SPNSF 1998/10/28 6,346.04 1998/10/28 6,338.12 -7.92 -0.12
Long 190 TKLC 1998/10/28 3,635.51 1998/10/28 3,536.87 -98.64 -2.71
Long 400 ERTH 1998/10/28 3,830.71 1998/10/28 3,884.99 54.28 1.42
Long 180 ERTH 1998/10/28 1,723.82 1998/10/29 1,625.63 -98.19 -5.70
Long 20 ERTH 1998/10/28 191.53 1998/10/29 181.37 -10.16 -5.30
Long 70 ERTH 1998/10/29 651.85 1998/10/29 634.78 -17.07 -2.62
Shrt -180 ERTH 1998/10/29 1,632.45 1998/10/29 1,632.28 -0.17 -0.01
Long 300 ERTH 1998/10/29 2,755.54 1998/10/29 2,719.37 -36.17 -1.31
Long 100 ABTX 1998/10/29 1,593.70 1998/10/29 1,562.50 -31.20 -1.96
Long 100 ABTX 1998/10/29 1,593.69 1998/10/29 1,572.49 -21.20 -1.33
Long 180 VTSS 1998/10/29 5,806.06 1998/10/30 5,949.99 143.93 2.48
Long 400 ADIC 1998/10/29 4,864.84 1998/10/30 5,234.99 370.15 7.61
Shrt -200 HBOC 1998/11/02 5,177.33 1998/10/30 5,297.49 120.16 2.27
Shrt -70 GM 1998/11/03 4,539.85 1998/10/30 4,358.74 -181.11 -4.16
Long 70 GM 1998/11/03 4,566.10 1998/11/03 4,529.37 -36.73 -0.80
Shrt -170 RBD 1998/11/03 5,684.82 1998/11/02 5,630.62 -54.20 -0.96
Shrt -100 AMAT 1998/11/03 3,237.39 1998/11/03 3,281.24 43.85 1.34
Shrt -200 AMAT 1998/11/03 6,464.79 1998/11/03 6,562.49 97.70 1.49
Long 200 CUBE 1998/11/03 4,029.37 1998/11/03 4,287.50 258.13 6.41
Long 50 CUBE 1998/11/03 1,007.34 1998/11/03 1,081.87 74.53 7.40
Shrt -250 CUBE 1998/11/03 5,349.21 1998/11/03 5,306.87 -42.34 -0.80
==== ====== ====== ========== =============== ========== =============== =============== =======
TOTAL 74,681.94 75,209.57 527.63 0.12

FEES -302.27

Processed 92 Lines in 1 Files
========================================================================================
ACCOUNT ACTIVITIES

Total Cash In : 1,000.00
Total Cash Out : -3,796.64
Total Credit : 0.00
Total Debit : -18.03
Total Movements : -2,814.67

TRADE ANALYSIS

Total Trades : 21
Avg Trade Size : 3556.28 $ (233 Shares, 1.762 Orders)
Avg Trade PL : 25.13 $ (0.71%)
Real Profit/Loss : 527.63 $ (14.84%)

Total Long Pos. : 10 (1 Joined)
Total Short Pos. : 6 (1 Joined)
Total Positions : 16 (2 Joined)
Total Shares : 4900
Total Orders : 37 (Buy 18, Sell 19)

=====================================================================

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
118	Hi, We would need a data sample to determine the cause. Send a data sample to	Madhur	-	4/18/2000
117	Hi, There is not direct way to change the date output format. You could load i	Madhur	-	4/18/2000
116	Madhur, this maybe a stupid question, but how do I change date format from 1999	The Prudent Investor	-	4/16/2000
115	I use Brown & Co. The short sales are being listed as longs. The profit and	Jody Singh	-	4/8/2000
114	It is ridiculous that I even had to try the manual method, since you folks told	Ron	-	4/4/2000
113	Hi Ron, We regret to hear that you could not resolve the problem with your man	Madhur	-	4/3/2000
112	Hi, 1. The duplicate entries might be due to the fact that the manual file has	Madhur	-	4/3/2000
111	Madur, I've entered all my transactions into StockTax manually for 1999. I	AltLar	-	4/2/2000
110	FYI Stocktax has proved to be a very expensive mistake. Not only have I wasted	Ron	-	4/2/2000
109	Hi Lans, WHen you highlight the "E*Trade" choice in Step1 in StockTa	Madhur	-	3/23/2000
108	Hi Ron, At which point in Lesson 10, were we show in details the processing of	Madhur	-	3/23/2000
107	Downloading from Etrade. How do I do it? Do I have to save each page of trans	Lans	-	3/22/2000
106	Madhur, Stock Tax is not working on MBT margin reports. Lesson 10 was no help a	Ron	-	3/16/2000
105	Thanks Mik. I guess I will do the same, and also attach a note explaining the	Nancywaz	-	3/7/2000
104	hi Nancywaz - I spent enough time laying out the difference (to the penny) on m	mik7	-	3/5/2000
103	I had a similar experience. In over 1,000 trades Datek left off 4, all from th	Nancywaz	-	3/5/2000
102	Hi Mike, We are glad you could use StockTax to your full advantage and saved m	Madhur	-	3/3/2000
101	As someone who was new to trading last year, I kept poor records. Stocktax was	mik7	-	3/2/2000
100	Hi, In the meantime we added the following new features: Version 2.4h: >Add	Madhur	-	2/18/2000
99	Hi, Download and install the new version (2.4h+) from: obvioussoft.com That co	Madhur	-	2/18/2000
98	Looking for a CPA who has a Series 65 (Principal) license. Please PM me.	Topannuity	-	2/13/2000
97	Madhur there IS NO LESSON 10 in my stock tax program tutorial. It stops at nine	Ron	-	2/7/2000
96	Madhur I will check lesson ten..but I followed the directions exactly first tim	Ron	-	2/7/2000
95	Hi Ron, What was the problem with MB Trading? We included in the new StockTax	Madhur	-	2/7/2000
94	Madhur this thing just is not working. Did you get my email? Followed the direc	Ron	-	2/2/2000

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