GAIN/LOSS REPORTS                   PA3.00                   PAGE 1 OF 9

To see the Gain/Loss Reports Menu, type G to invoke the GAINS/LOSSES
function from the Master Menu.  Then select the portfolio(s) and securi-
ty type(s) you want to appear on these reports.  See Chapters 8 and 10.

Near the upper part of the screen, you should see the report dates.  You
will see only one date if no beginning date has been specified.  Report
dates are set in the Current Quote screen after entering the current
price quotes.  You can set either a beginning report date, an ending
report date, or both.  These report dates cannot be set anywhere else in
the program.  See Chapter 13 for more information about the Current
Quote screen.

To see definitions of ANNUAL APPRECIATION and other financial terms as
they are used in this manual, see Appendix B.

Press X or Esc to EXIT directly back to the Master Menu.
Press Q to QUIT and return to DOS (or other user interface).
Press H to see the User Manual chapter you are reading now.



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                        DETAIL REPORT FUNCTIONS

This group of reports differs from the MARKET value reports in that they
show individual security purchases (tax lots).  This allows you to see
the market performance of securities that were acquired on different
dates, such as shares purchased with re-invested dividends.

In these three reports, each tax lot is represented on two consecutive
display lines.  You can move the selector block up and down by using the
up-arrow, down-arrow, PgUp, PgDn, Home or End keys.  The display will
"scroll" up or down automatically if needed.  Only one security type can
be seen at a time; the security type is shown near the upper left corner
of the display.  To see other security types, you must press Ctrl-PgUp
or Ctrl-PgDn.  The selector block is used only as a reference point; no
data can be changed.

Whenever a report is displayed, pressing X or Esc will invoke the EXIT
function and return you to the reports menu.



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Whenever a report is displayed on the screen, you can type P to PRINT.
This function will print the entire report, in a format similar to what
is on the screen.  The report will be paginated with no more than 59
lines per page.  After you type P, additional choices appear at the
bottom of the screen and you can type H for on-line HELP or see Chapter
21 for more information about the printing of reports in general.

The DETAIL report functions are described next.













GAIN/LOSS REPORTS                                            PAGE 4 OF 9

A = Annual Appreciation since Purchase, by tax lot.  The purpose of this
    report is to show tax lot holding period and performance since orig-
    inal purchase date.  Thus, the beginning report date is not relevant
    here.

    Individual purchases which were sold on or before the report date
    are not included; those which were purchased after the report date
    are not included either.  (The report date does not have to be the
    "current" date.)

    APPREC./DEPREC. refers to annualized appreciation (compounded an-
    nually).  MONTHS HELD refers to the decimal number of months an
    individual purchase has been held (owned), from the PURCH.DATE to
    the report date shown near the upper right corner of the screen.
    This may be important for tax purposes, as it determines whether the
    gain is long-term or short-term.

    The annualized appreciation may not be shown if the holding period
    is short or there is a relatively large gain or loss; in such cases
    it would be meaningless.

GAIN/LOSS REPORTS                                            PAGE 5 OF 9

D = Annual Appreciation Between Two Dates, by Tax Lot.  The purpose of
    this report is to show tax lot performance over a defined period of
    time.  This time period is defined by the beginning and ending re-
    port dates, inclusively.  Any tax lot that was held at any time dur-
    ing this period is included (even if it was subsequently sold).

    Note the beginning market values should normally reflect the CLOSING
    prices on the DAY BEFORE the beginning report date, in order that
    the depicted portfolio performance will represent the entire time
    period inclusive of both report dates.  The exception to this would
    of course be a security purchased DURING the report period.

    If a security has been purchased or sold during the report period,
    this will be indicated with the captions "purch." or "sold" in the
    PRICE column.  If a price is not available, it will be shown as
    "missing".





GAIN/LOSS REPORTS                                            PAGE 6 OF 9

P = Percent Gain/Loss Between Two Dates, by Tax Lot.  This report is
    identical to the D function, except ANNUAL APPREC. is replaced by
    PCT. OF BEG.PR.  This is the GAIN/LOSS expressed as a simple per-
    centage of the beginning price.  For shorter periods of time -
    such as 3 months or less - this may have considerably more meaning
    than annualized appreciation.

The Summary Report functions are described next.













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                        SUMMARY REPORT FUNCTIONS

The summary reports each occupy only one screen.  When finished viewing
a summary report, press X or Esc to EXIT back to the reports menu.  You
can also press P to PRINT the report (a summary report must be displayed
before it can be printed).  The printed report format will be the same
as what is displayed on the screen.

1 = Annual Appreciation Since Purchase - by Security Type.  This report
    allocates the grand totals among the security types.

2 = Annual Appreciation Since Purchase - by Portfolio Name.  This report
    allocates the grand totals among the named portfolio elements.

    Summary reports 1 and 2 correspond to the A function, which shows
    individual tax lots.  In these reports the % OF TOTAL is a percent-
    age of the GRAND TOTAL CURRENT VALUE shown at the bottom of the box.




GAIN/LOSS REPORTS                                            PAGE 8 OF 9

3 = Annual Appreciation Between Two Dates - by Security Type.  This re-
    port allocates the grand totals among the security types.

4 = Annual Appreciation Between Two Dates - by Portfolio Name.  This re-
    port allocates the grand totals among the named portfolio elements.

    Summary Reports 3 and 4 correspond to the D function, which shows
    individual tax lots.  These reports depict portfolio performance
    over a defined period of time, and compare performance among secur-
    ity types or named portfolio elements.  The latter can represent
    things such as investment goals or brokerage firm recommendations.

    In the GAIN OR LOSS columns, REALIZED means securities sold before
    the end of the report period; and UNREALIZED means securities still
    owned at the end of the report period.  Both, of course, affect per-
    formance during the whole period.

    ANNUAL APPREC./DEPREC. and TOTAL RETURN are calculated in such a way
    as to eliminate the effects of adding funds to or withdrawing funds
    from the selected portfolio grouping.

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5 = Percent Gain/Loss Between Two Dates - by Security Type.  This report
    allocates the grand totals among the security types.

6 = Percent Gain/Loss Between Two Dates - by Portfolio Name.  This re-
    port allocates the grand totals among the named portfolio elements.

    These summary report functions are similar to 3 and 4 except ANNUAL
    APPREC./DEPREC. is replaced by PERCENT OF BEG. and TOTAL RETURN is
    omitted.  PERCENT OF BEG. is a simple percentage of the beginning
    market value, and is more meaningful for shorter report periods.
