Piatek Software Announces Gains & Losses Tax Reporting in PortfolioTK 1.20

September 20, 2007 (PRLEAP.COM) Business News
Santa Maria, CA (PRLEAP) September 20, 2007 — PortfolioTK 1.20 includes the ability to generate Gains and Losses trade reports to be used in Form 1040 Schedule D year-end tax reporting. Without any more work than inputting trades from their broker, users can instantly generate their profit and losses for a specified year with just one click. This continues to demonstrate PortfolioTK's commitment to producing accurate and pertinent reports.

Also introduced in PortfolioTK 1.20 is a cool and powerful new feature called Trade Sync. Using Trade Sync, users are able to visually see the performance of the market in relation to their buy price and date. Any currently held open position is added to the Symbol's list in the Research tab so users can quickly at-a-glance chart the performance of their open positions. PortfolioTK takes it one step further by plotting an arrow and horizontal line at the buy price from the date of purchase so users can see how the stock has moved in relation to their buy price.

In addition to these and other new features, PortfolioTK 1.20 includes several other speed and stability improvements. Some key features of PortfolioTK 1.20 include:

* Advanced charting with 35+ technical indicators
* Built-in historical EOD stock quote downloader
* Trade log with open / closed statistics and partial position matching
* FIFO and LIFO cost basis
* Portfolio risk characteristics graphing with equity curve and monthly % returns
* Exporting of reports

PortfolioTK requires Microsoft Windows 2000 or later and is priced at $49.00 after a free 15 day trial.

About Piatek Software:

Piatek Software is the provider of PortfolioTK and QuotesTK family of products. Our primary focus is on developing intuitive and powerful investment software. When financial tools are built by actual investors who use the tools themselves, you can't help but get useful software. We are devoted to building financial tools that make the process of investing less complicated, with results more relevant, and the most important, are cost effective.

Contact:

Person: David Piatek
Company: Piatek Software
E-mail: info@piateksoftware.com
Web: www.piateksoftware.com

PortfolioTK Site Link:
http://www.piateksoftware.com/htm/products/portfoliotk/portfoliotk.html

PortfolioTK Download (5.8M):
http://www.piateksoftware.com/PortfolioTK_Setup.exe

Charting (Screenshot):
http://www.piateksoftware.com/gfx/charting.jpg