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Handling Cash & Money Market Funds in myICLUB |
6/18/2025 |
Recent enhancements have made it easier to track an investment club's cash.
In our June 2025 myICLUB webinar, Sean Pulrang reviewed new enhancements we have recently made to myICLUB.com related to how money market funds are displayed. Now, money market funds that are being tracked as securities will show up in the club's cash allocation and not alongside the portfolio's stocks or ETFs. He also reviewed some best practices regarding accounting for and employing cash in an investment club.
Sean also reviewed some of the other new features that have been released in the program, including the Club Public Home Pages, the Deferred Capital Gains/Losses Report, the myICLUB Data Archive and Protection Plan for disbanded clubs, and new support for Custodial Accounts.
The replay is available on our YouTube channel, or you can view the replay on demand right here:
The PDF handout of the presentation slides is also available for download.
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For more on tools for investment club accounting, operations, and tax preparation, please visit https://www.myICLUB.com.