How to use AirDrop on your iPad?

When you want to transfer a file from your iPad to a Mac, you can simply use the embedded AirDrop feature to seamlessly move any of your file to any Mac for which you have AirDrop rights.

This requires both the iPad to run iOS 8 and the Mac to run OS X 10.10 (Yosemite).

Simply follow these steps:

  • First, ensure that you enabled AirDrop; if not, activate it (you need both WiFi and Bluetooth)
  • Open BudgetInMind on your iPad. If a file is opened, simply close it to return to the File Manager
  • Press the Share button in the toolbar and press “Send a Copy”
  • Select the file you wish to transfer
  • If you want to transfer a file by Email, press the Zipped File image, otherwise, select the Standard format
  • Wait for AirDrop to find your Computer then press the icon of the destination computer
  • That’s it. The file is uploaded to your Mac where you’ll have a choice to directly open it or it will be saved in your Download folder for later use

To Send a file from your Mac to your iPad, simply do the reverse. You can directly drop any BudgetInMind file in your iPad icon on your AirDrop folder, or use the share Button embedded within BudgetInMind for Mac.
An alert box will popup asking you to accept the incoming file.

If the file already exists, we will rename it to prevent erasing your existing files.

Managing Stock Split

Managing Stock Split

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: