I. Enter Data Using Sync:
A. Your First Sync Download.
the current year plus enough of the prior year to find opening trades for
trades currently in your account. You can import trades in any order.
TAPro will match your closing trades using FIFO (First In, First Out). If
you add an earlier trade TAPro will automatically change the matching
order unless lock the group.
To control the date range of data import select
"Sync/Change Sync Date Range" from the main menu bar. If you import the
same range again this is ok. TAPro will recognize identical trades and
save them in a file for review.
When ready select the Account screen and select the sync
button. The reason to select the account screen is because if you are on
the transactions screen then TA will also update the display periodically,
which delays the import.
To change the download date range, within TAPro use: Sync/Change Date Range.
B. Sync Download Steps.
TAPro contacts the site and waits for a response.
The performance of the download process depends on the time of day, the
number of users accessing the broker's shared server and the speed of your internet
connection. For this reason we recommend a first download early in
the tax season.
After the response is received, it is processed by the broker's server.
The first test is for a valid Username/Password.
After processing, TAPro starts a search for Cancelled Trades. The
performance of the Canceled Trades clean up depends on the total number of
Such trade are saved to a file.
Allow the process to finish. If you are working on something else
and your system seems quiet, it might have finished and there is a buried
menu waiting for your reply. Look at the task bar. If more
than one TAPro task appears, then inspect them to see if TAPro is waiting
for your reply.
II. Import Data From a File:
A. Get TAPro Ready for a File Download.
You can download an .OFX file and import it.
We recommend that your first setup TAPro so it is ready to receive the
file. Otherwise you will need to save the file and then load it from
Within TAPro, select "Associated File Types"
Select the check boxes for "Import .QIF, QFX and OFX",
this enables TAPro to directly receive the file during the download
Leave TAPro open so it can receive the file download.
B. Download the
Log into your account.
Navigate to Penson (look for Penson, Clearing Firm or Accounting
Respond to any security questions that
appear. The process lands on the Penson site.
Select "Reports / Investment Data Download".
C. Import the File.
D. Import and Alternative File (tab or comma
The TAPro import utility is flexible. If you are
using Excel then save the data as "tab delimited." Then during the
import process select "Tab" as the delimiter of the data.
When you start an import select the file that you want to
import and TAPro will determine if it needs guidance. If guidance is
needed then follow the steps in the menus that appear. At the
beginning of the process create a new profile name or select an existing
profile. TAPro will attempt to reuse this profile for each import of
the same type file to the same account in TAPro.
If there is an error in your profile you may need to select the Edit check box
during the import process so you can make changes.
To remove a profile select "Import Rules/Profile Manager" from the
III. Enter Data Manually:
You can manually enter trades from the Transaction Screen
by selecting the "Add" button.
Training Videos (with voice):