TradeAccountant Setup

Setup

Setup >> Import >> Analyze >> Reports >> Export to 3rd Party Tax Software

Starting in 2008 CyberTrader account holders download their data from a Schwab server using their new Schwab account number.

New:

1. Refer to the Schwab "Account Verification" letter to find your new account number.

2. Call Schwab to confirm your User ID and Password: 800-435-4000

3. Follow the TAPro setup instructions for Schwab - click here

I. Setup (for Sync Import Obsolete):

These instructions were written before CyberTrader accounts merged into Schwab and are retained during this transition period. Transferred accounts will likely show a "0.00" balance on the Penson site.

A. Find Your Account Number & Username.

Log into your account.
Navigate to Account.
Select Penson.
Respond to any security questions that appear. The process lands on the Penson site.

Select: Account Information /Customer Info.

Review "Customer Info" ....
Your Account Number begins with 07, it is near the top of the page.
Your Username = User ID, it is near the bottom of the page.

B. Confirm Your Password

Your Password depends on the type of account you have:

If User ID begins with "AUTOGEN*" (see near bottom of the page)
then Password = Tax ID (a Social Security Number).
If User ID is a name
then you have a custom password. If you forgot your password then contact support.

C. TradeAccountant™ Setup

Download TAPro Now! - Click Here
Use this temporary key: cybertrader

Select the Accounts Screen.
Select the Add button to display the dialog below.
If you don't plan to use Sync then skip steps 3 - 6.

Fill in the Dialog:

Name The Account:        Enter any name.

Financial Institution:       "cybertrader".

Account Number:           "07-12345678" format
Use the number indicated in the step above. Remember to keep the "07-" appended to your 8 digit account number.

Enable Sync Download:   Select the checkbox.

Account Username:          Account Number (from above).

Password:                    See "Confirm Your Password" above.

Select OK.

(Note: If you don't plan to use Sync then skip steps 3 - 6. Password information is masked and retained in your local copy of TAPro and only sent to the Clearing Firm's OFX server to authenticate requests for data download.)

D. Analysis and Reporting Tips

Select one of the topics below:

Setup >> Import >> Analyze >> Reports >> Export to 3rd Party Tax Software

(Note: This information is masked and retained in your local copy of TAPro and only sent to the Clearing Firm's OFX server to authenticate requests for data download.)

Training Videos (with voice): Click Here

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