How does portfolio accounting work at justETF?You can create portfolios in various ways at justETF. A portfolio is saved in the justETF system on the basis of transactions and not on the basis of positions. Thus the analyses are more meaningful.
All entered transactions are always displayed on the “Transactions” page of your portfolio. You can process transactions and create new transactions manually at any time here.
Portfolio overview > Actions> Transaction list
Important: justETF is a virtual Portfolio Management SystemThis means that all the transactions entered in the justETF system are purely virtual. You can decide for yourself, whether you want to manage your portfolio only virtually and execute real transactions through your bank or your online broker. If available, you can use the direct order transfer to the online broker at the time for executing the orders or you can save the order list in the portfolio plan and print it out. Thus justETF is compatible with every bank.
Another advantage of this procedure is that the system automatically saves your new changed strategic asset allocation. This enables you to do a portfolio rebalancing or a deposit in this portfolio structure at any later point of time.
If you want to create a transaction in the past, create a new transaction on the transaction page.
Tutorial: Create transaction (Buy transaction/Sell transaction) in the past>
Transactions do not completely vanish after deletion. The transaction filter will help you to find the deleted transactions. This function provides you with the opportunity to create the transactions that were mistakenly deleted again.
Cash balance must be always positiveThe system does not permit negative account balance (“Cash”). If you receive the “negative cash balance” warning while processing a transaction, then you must either align the parameters of the transaction or increase your cash balance by manual deposit.
Important: The transaction types Buy transaction and Sell transaction always have a direct influence on the cash balance. As against this, the transaction types “delivery” or “dispatch” do not have any effect on the cash balance.