KBH Investor Accounting v1.6: 'KBH Investor Accounting v1.6' is a personal finance software program for investment portfolios that features a mark-to-market profit/loss accounting. In addition to the Mark-to-Market book, the program has a transaction Register book, a current Portfolio book, a Realized Accounting book with a first-in-first-out capital gain/loss accounting, and a Transaction input book. This shareware version of the program is available as a no-cost trial but should be licensed for extended use.
Download: KBH Investor Accounting v1.6
Download and installation: Download the program to a download folder. Find the file "invacttn" in the download folder and double-click it. Accept the default installation folder or input a required installation folder. Click the "Unzip" button. Short-cut to "Invact3g" in the installation folder from the W'ndows operating system programs list.
Application Note: 'KBH Investor Accounting' is not related to any previous development by algorithm or programming language code.
New Notes: New notes were added to the application text file on 04/04/2014.
[ Notes on equities, options, futures, and forex ]
Professional Investors or Traders: 'KBH Investor Accounting Supplemental App v7.2' is available to professional investors or traders who license 'KBH Investor Accounting' on a yearly basis. This supplemental application outputs in a transaction format similar to a Form 4797 for those who can make their own forms and confirm their own accounting.
Additional Note: 'KBH Investor Accounting Supplemental App' doesn't have an output similar to a Form 8949. Otherwise, the best way to prepare a Form 8949 would be to just enter the Form 1099-B information into a Form 8949 PDF. A partial check of the Form 1099-B would be the familiar method of checking total sale amounts. However, the Form 1099-B also reports cost basis and adjusts with intermediate steps of wash sale accounting even when there is no ultimate wash sale. Form 8949 is allowed an attached statement but it must duplicate the Form 8949 format and would require intermediate wash sale accounting to hit the adjusted basis total. The attached statement probably does allow transactions as entered into an application if hitting the same totals and maintaining FIFO. An example of the situation, the accounting on the 1099-B might use different lot size amounts than on the transaction confirmations. Finally, positions are only un-washed, and an expected gain/loss reached, as steps on the Schedule D.
Secret Note: Save a F'delity 1099-B PDF as a text file. Name the file "1099taxf" and copy the file to the same folder as the KBH Secret App. Run the application and check the files "8949txfi" for output. But don't tell anyone what the output is.
KBH Applications: KBH Applications is a software/shareware development company owned by KBH of metro Atlanta, GA. The business is structured as a software consultant. Software licensing is by mail order to the KBH post office box noted in the software. Contact is through the e-mail listing on this web page.