Easy Accounting For Investment Clubs - YouTube

easy accounting for investment clubs by allen  syd cup investment clubs get fed up with  

spending hours and hours trawling through the  numbers records and accounts each week for your  

investment club running the investment accounts  of an investment or share club can be a slow  

laborious process taking up hours of your time  and instead you could be relaxing and enjoying  

yourself or even doing something important like  researching stocks and shares to make a profit  

i have been running the accounts for our  investment club for a number of years and at  

first i found it very frustrating trying to manage  the different factors that cropped up during the  

normal day-to-day events in our investment club  such as managing different members monthly and  

one-off contributions accounting for joiners  and levers and distributing dividend income  

like you i didn't want to be spending hours doing  the administration for the club when the time  

could be better spent doing what we started the  investment club for investing in stocks and shares  

the main benefit of using the unit valuation  system is flexibility to manage the varying  

needs of an investment club make such  as varying subscriptions or withdrawals  

at any point in time which is not easily done  if the club is set up on an equal share basis  

the problem i found however is that while  there are many websites that talk about it  

and even give you working examples  i still could not find a simple  

understandable guide to running the  accounts for a real club using this system  

nor any software to help me i decided therefore  to develop my own process and software bringing  

together all my research and i have been using  it successfully within our own investment club  

tony wellings imagine being able to have a system  at your fingertips that was so straightforward  

and easy that the job was done in an instant  freeing up your time for more important things  

you'll be able to relax and enjoy your free time  in the confidence of knowing you have a job well  

done it combines my own research and practical  experience in running the accounts for an  

investment club into a simple step-by-step  process that allows you to run each aspect of  

the accounts for your investment club using the  unit valuation system from start to finish in a  

quick and hassle-free way here's what it can  do one easily manage members paying different  

contributions no more juggling the figures  to take into account different invested too  

let members make one-off contributions a simple  way to account for those members who want to  

put a bit extra money in three increase or  decrease members contributions if members  

want to change the level of their investments  you can account for it with no difficulty for  

pay dividends to all members making payouts  easy when needed five manage new joiners and  

levers at a push of a few buttons if members  want to leave or the club expands no problem  

six account for the buying and selling of  shares each deal recorded in one place for  

easy management seven easily distribute dividend  income hassle-free distribution of dividend income  

from the club's investments eight opening a new  club the process shows you how to set up your  

club accounts from scratch 9 managing an existing  club transfer your existing information into the  

software in a few simple steps 10 record  all capital gains losses and club income  

dividends for tax purposes ensure all sales and  income are apportioned to each club member to  

help in any year-end reporting requirements such  as tax returns 11 keep all members informed by  

having all the information for your club accounts  in one place you can easily update and inform your  

fellow club members of the progress of the club's  investments and their respective shares how to  

start enjoying these benefits the easy accounting  for investment clubs package comes in two parts  

the first part is a 33-page illustrated guide  giving you a simple step-by-step process  

for each aspect of running the accounts of an  investment club using the unit valuation method  

from opening up of a new club all the way through  to closing a club including basic tax information  

as mentioned earlier the unit valuation system  is the recommended method of accounting for  

investment clubs and is a proven popular well-used  system and this guide makes using it really easy  

this allows you to set up or transfer  your existing club account information  

onto this straightforward one spreadsheet to  manage the accounts for your investment club  

the illustrated guide works through specific  examples from the software of each stage of  

the process allowing you to pick and choose  what you want to do with your club accounts  

it therefore allows you to manage each stage  of your accounting with ease and confidence  

and give you a simple way to keep  the others in your club updated and  

informed as to their shares and the  progress of the club's investments  

how you get at least 10 times your money's worth  if you consider that the average accountant  

charges around 100 per hour for their services  then every hour you are spending managing the  

accounts for your investment club is effectively  costing you this by following the process and  

using the software provided in easy accounting for  investment clubs even if you saved a minimum of  

one hour per week that would be saving you over 5  200 a year in what this time is really costing you  

now that you have read this article i am sure you  can see how easy accounting for investment clubs  

will really make your life easier in summary here  is what you get the easy accounting for investment  

club software is built in an excel spreadsheet  format and the accompanying 26-page illustrated  

guide is in a pdf format for easy reading and  printing once you've started using the software  

and guide with your investment club accounting  i'm confident you'll never want to send them back  

within minutes you will get download instructions  and you can start enjoying the benefits of easy  

accounting for investment clubs right now if it  doesn't do everything i say and more if you don't  

save time or your life isn't made easier or if  your hours of frustration aren't removed or if  

you don't absolutely love it just let me know  and i'll give you every penny of your money back