INVESTORS
SOFTWARE

GTT TradeLog, a product from GTT and Armen Computing Ltd.
Our software will simplify your tax season.

Click here to visit our software Web site and take five minutes to take our "Quick Tour" of the program. You will see how easy it is to use. You can then buy the program (using our secure server) and download it immediately.

Our line of TradeLog software programs completely automates your stock, options and futures trades and tax accounting. Save time and professional fees by using our programs to import all your 2002 trades. Our program generates your Schedule D (cash method) and/or Form 4797 (mark-to-market method for business traders only) tax reports.

A TradeLog Lite license costs $95. For investors with less than 300 total trades (150 round trip trades). TradeLog Lite gives you all the same features of TradeLog, but at one-third the cost. Don't waste an entire day trying to figure out your capital gains and losses, and don't pay your accountant for the hours he would spend doing this work. You can finish this job correctly in less than 30 minutes and attach the report to your tax return. Every investor who has more than 20 trades should consider purchasing this program.

A TradeLog program license costs $295. This program is for the active trader who uses the cash method of accounting. Our program imports an unlimited number of trades from online and direct-access brokerages. It properly matches your trades, including short sales, and calculates your gains and losses, including wash-sale adjustments. It then generates your Schedule D Capital Gains and Losses report.

A GTT TradeLog license costs $345. This program is for the active trader who uses mark-to-market (MTM) accounting, or the trader who used cash accounting in 2003 and plans to elect MTM for 2004. The program is the same as the one mentioned in the above paragraph, plus it automatically handles mark-to-market accounting, including Section 481 adjustments. Professional traders need MTM and this program. No other software program on the market handles MTM. Our clients use GTT TradeLog to reduce their tax preparation fees, whether they prepare their own returns or use our firm. If you would like to find out about MTM and see if it's right for you, sign up for a half-hour consultation.

Product Support
Our program is very easy to use and free product support is available from Armen Computing Ltd.

Please direct all sales/support related questions about our software to sales@armencomp.com or call David Eich at 864-439-7120.

Note: Wash sales are extremely complex and there are many situations that need interpretation from a trader tax expert.

If you have any questions about our software, please e-mail us at info@greencompany.com or call us.

Traders' tax toolbox
Barron's reviewed by THERESA W. CAREY, Dec. 9, 2002

Green Trader Tax has teamed up with TradeLog to publish GTT TradeLog, a program to help frequent traders calculate their profits and losses, and to prepare tax returns efficiently. Mark-to-market traders can generate that pesky Form 4797 for the IRS relatively painlessly. Changing to mark-to-market accounting can be complicated, but GTT TradeLog gives you a Q&A that helps you navigate the process.

One of the advantages of using a GTT TradeLog rather than Quicken or Money if you're a mark-to-market trader is that TradeLog can close out the year for you and help you match your trades to your broker's 1099. The program establishes a data file for each trading year and each broker, and you can sort transactions on a variety of criteria: ticker symbol, date range, or tax lot. You can even sort trades on whether they're long or short, open or closed. Another important consideration is accounting for wash sales for those who don't opt for mark-to-market status.

A key feature of the program is the ability to import transactions from more than two dozen online brokers, including AmeriTrade, E*Trade, Interactive Brokers, Harris Direct, Charles Schwab, Terra Nova and Tradescape. GTT Tradelog imports the data directly from a broker's web site. It does this by using an import filter customized for the specific broker's web site utilizing the standard online trade history report that the broker provides. If the broker provides a report that can be displayed in your web browser, then GTT TradeLog imports directly from your web browser using a simple Select All, Copy sequence. If the broker provides a downloadable text or csv file, then GTT TradeLog imports from that downloaded file.

The program's power lies in its ability to make sense of the tax implications of peripatetic trading. For $345, you can get the program from http://www.armencomp.com/gtttradelog/.

Barron's likes GTT. See their many positive reviews here.