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myICLUB.com makes it easy to switch from Bivio.com with Club Concierge service to smoothly transition to a full suite of tools. Compare myICLUB vs. Bivio to see which website and club accounting software is right for your investment club's accounting, administration, operations and communication needs.
| Feature | myICLUB | bivio Economy | bivio Preferred |
|---|---|---|---|
| Basic Accounting | |||
| Unit based system | Y | Y | Y |
| Multiple user defined cash accounts | Y | Y | Y |
| Sub-Categorize expenses | Y | Y | Y |
| Allow non-deductible expenses | Y | Y | Y |
| Allow equal allocation of expenses | Y | Y | Y |
| Cash charitable contributions | Y | Y | Y |
| Appreciated stock donations to charities | Y | N | N |
| Brokerage transaction downloads | Schwab, E*Trade, Fidelity, Interactive, Siebert | Schwab, Edward Jones, E*Trade, Fidelity, Interactive, Merrill Lynch | Schwab, Edward Jones, E*Trade, Fidelity, Interactive, Merrill Lynch |
| Member and Investment Transactions | |||
| Utilizes saved valuation system | Y | "Rolling" valuations | "Rolling" valuations |
| Default member contribution and fee amounts | Y | N | N |
| Automatic lookup of ex-dividend dates | Y | Y | Y |
| Automatically acquire security valuations | Y | Y | Y |
| Allocates return of capital correctly between lots | Y | Y | Y |
| Autofill dividend & ex-dividend date details | Y | Y | Y |
| Short sales, options, covered calls | N | 10 per year | Y |
| Unlimited annual transactions | Y | N / 250 Fee for additional transactions |
N / 400 Fee for additional transactions |
| Withdrawals | |||
| Complies with BI recommendations regarding valuing member withdrawals | Y | Not Automatic | Not Automatic |
| Member withdrawal scenario calculator | Y | N | N |
| Allows payoffs using stocks | Y | Y | Y |
| Correctly handles distributions in excess of basis | Y | Y | Y |
| Handles valuation in one year, payment in next year | Y | Y | Y |
| Reports | |||
| Link BI Online Tools SSGs to Portfolio Reports | Y | N | N |
| ROI drill down for individual stocks and members | Y | Y | Y |
| Capital Gains/Losses Report | Y | Y | Y |
| Securities Dividends Report | Y | Y | Y |
| Tax Lot report for current portfolio holdings | Y | Y | Y |
| Benchmark comparison to S&P and other indexes | Y | Y | Y |
| Consolidated Monthly Report | Y | N | N |
| Sold Securities Report | Y | N | N |
| Display performance figures on Valuation and Member Status Reports | Y | N | N |
| Print Member Mailing Labels | Y | N | N |
| Export member addresses for mailmerge | Y | N | N |
| Option to include sold & repurchased stocks in return calculations | Y | N | N |
| Export reports as PDF files | Y | N | N |
| Export reports as Microsoft Word files | N | N | N |
| Export reports as Microsoft Excel files | N | Some | Some |
| Club Expenses Report | Y | Y | Y |
| Portfolio Diversification Reports | Y | N | N |
| by company size | Y | N | N |
| by sector/industry | Y | N | N |
| by sales & EPS growth rate | Y | N | N |
| by country | Y | N | N |
| Portfolio Diversification Graphs | Y | N | N |
| by company size | Y | N | N |
| by sector/industry | Y | N | N |
| by sales & EPS growth rate | Y | N | N |
| by country | Y | N | N |
| Portfolio Heatmaps | Y | N | N |
| Portfolio Beta Report | Y | N | N |
| Portfolio Yield Report | Y | N | N |
| Wide array of portfolio management reports (other than those listed) | Y | N | N |
| Stockwatcher assignments & reports | Y | N | N |
| Taxes | |||
| E-filing Federal 1065 tax return | Y | Y | Y |
| E-filing State tax return | Y AZ, CA, CO, IA, IN, MA, MD, MN, MO, NJ, OK, WI, NY |
N | N |
| State replacement tax forms approved by all state tax agencies | Y | N | N |
| Member of National Association of Computerized Tax Processors (NACTP) | Y | N | N |
| Short year final tax return | Y | Y Additional fee applies |
Y Additional fee applies |
| Can generate forms for more than 1 state | Y | Y Additional fee applies |
Y Additional fee applies |
| Ease of Use | |||
| Printed/PDF manual available | Y | N | N |
| Wizards for common tasks | Y | N | N |
| User determined start date for reports | Y | N | N |
| Simple entry of complex Merger-with-cash transactions | Y | N | N |
| Context-sensitive help | Y | N | N |
| Automatic transaction audit | Y | Y | Y |
| Able to edit from transaction journal report | Y | Y | Y |
| Does not require year end distribution of units | Y | Y | Y |
| Automatic lookup of ex-dividend dates | Y | Y | Y |
| Automatic allocation of earnings | N | Y | Y |
| "Sticky" user-set dates on reports | N | Y | Y |
| Additional Features | |||
| Club private mailing list/message board | Y | Y | Y |
| Club mailing list/message board search | Y | N | N |
| Club file storage | Y | Y | Y |
| Club file storage recycle bin | Y | N | N |
| Club file storage takeout download (as single zip file) | Y | N | N |
| Publish files to the public | Y | Y | Y |
| Easily import data from competitor | Y | Y | Y |
| Regular training webinars | Y | Y | Y |
| Stockwatcher assignments & reports | Y | N | N |
| Link to Yahoo! Finance for portfolio research | Y | Y | Y |
| Stock quotes, research & links | Y | For limited tickers | For limited tickers |
| Club voting tools | Y | N | N |
| Continually updated help for merger, spinoff, and split transactions | Y | N | N |
| Online knowledgebase of frequently asked accounting questions | Y | N | N |
| Club Watch List | Y | N | N |
| Club Calendar w/Outlook & Google integration | Y | N | N |
| Two-factor authentication | Y | N | N |
| Automatic club data backups | Y | N | N |
| Officially Endorsed by BetterInvesting | Y | N | N |
| Cost | |||
| Annual Subscription (1-Yr) | $98 (BI Members) $160 (Non-Members) |
$299 | $349 |
| Annual Subscription (2-Yr) | $173 (BI Members) $297 (Non-Members) |
$598 | $698 |
| Federal tax return preparation | $99.99 $89.99 w/Early Bird Discount |
Included |
Included |
| State tax return preparation | $99.99 $89.99 w/Early Bird Discount (CA, CO, NY, NJ, PA, AZ, GA, IA, IL, OK, OR, IN, MD, MN, MO, WI, MA) |
$89 (CA, CO, NJ, NY, PA only) + $5 fee/member over 10, additional states $89 from 3rd party provider |
Included (CA, CO, NJ, NY, PA only) $89 +$5 fee/member over 10 for other states from 3rd party provider |
| Unlimited annual transactions | Y | N / 250 Fee for additional transactions |
N / 400 Fee for additional transactions |
| Feature | myICLUB | bivio Economy | bivio Preferred |
Based on the information available to us as of 10/1/2024, we believe this page to be a factual representation of the products shown. Product features may have changed since that date. If you believe any part of the above comparison to be incorrect, we'd like to know. Please email us at askdoug@iclub.com.