Managing Stock Split
jmguyot

Managing Stock Split

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With the recent Apple 7:1 stock split, you may wonder how you can manage this event within BudgetInMind.

This operation is in fact straightforward: If you hold V stock with an average cost of c and with a current market value of p, then a N:1 stock split will simply transforms these variables into V.N, c/N and p/N.

Yahoo finance API stores historical quotes on their servers, so even if the stock splits in a given day, the market closing price of the previous day remains the value before the split.

To take this into account in BudgetInMind and continue using the automatic download features, we simply need to mimic what occurred in real life:

For every 1 stock you hold, you will receive N news stocks

This translates into:

  • For each position with the given stock, sell all your quantities at pre-split cost.
  • For each position with the given stock, buy N times your pre-split quantity at 1/Nth of the cost.

The following files contain database examples before and after the stock split:

FilenameLanguageDownload
Pre_StockSplit.dbim.zipEnglish
Post_StockSplit.dbim.zipEnglish
jmguyot

BudgetInMind Trading now features “T-Column” views

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BudgetInMind 1.0.6 for Mac adds a new way to see your Balance Sheet and Income Statement, with the  “T-Column” view, famous in the finance community. The view features 2 columns side by side, allowing you to see the 2 larges masses of your data, being the Assets and Liabilities for the Balance Sheet or the Expenses and Income in the Income Statement:

T-Column View

To select this new view, simply click onT-Column Access

  • Income Statement (T)
  • Balance Sheet (T)

 

jmguyot

Release of BudgetInMind 1.0.6 for Mac

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This update adds a series of features and improvements, and addresses overall stability and performance, including:

  • Adding a second finance API to download historical stock quotes in case the default API does not report stocks in a given geography (For instance to access JSE stock exchange).
  • Adding a new view to present Balance Sheet & Income Statement in 2 columns mode.
  • Adding the option to lock a book entry, preventing it from being erased or tampered with when the verification level is set to “Bank Statement”.
  • Adding the option to select the default year to open (between the latest one and the current year).
  • Application will reopen in full screen mode if it was closed while in full screen.
  • Fixed minor issues in the printing module, and user controller module.
  • Adds single user password management in BudgetInMind Lite.

In case of issues or questions, please contact us at support@softurion.com or visit our enhanced support site at http://www.softurion.com/support/en/

To get more information on BudgetInMind for Mac, simply follow this link.

jmguyot

Release of BudgetInMind 1.0.1 for iPad

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This update adds a series of features and improvements, including:

  • Adding a second finance API to download historical stock quotes in case the default API does not report stocks in a given geography (For instance to access JSE stock exchange).
  • Adds the option to lock a book entry, preventing it from being erased or tampered with when the verification level is set to “Bank Statement”.
  • Adds the options to remove iAd Banners through an in-App purchase.
  • Prevents interstitial adds to popup when switching tabs within the opened document.
  • Adds the option to select the default year to open (between the latest one and the current year).

To learn more about BudgetInMind for iPad, simply follow this link.