Balance adjustments (payouts and corrections we caught)
Money moves in and out of a prop account for reasons that have nothing to do with trading, and most feeds don’t report them. PropStax infers them: it compares the balance your broker returned against the one your trades account for, and when those disagree, something happened outside of trading, usually a payout or the broker correcting the balance.
When a sync finds one or more of these changes, the Balance adjustments detected window opens after the sync finishes. Every change is on one page, one row each, and you answer them all at once.
What each row shows
- The account, with a Broker badge when the broker’s own records confirm the change.
- The broker, and whether the account is an evaluation or funded.
- The day of the change.
- The change in dollars: a drop in red, a rise in green.
The answers
What a row offers depends on the account and on which way the balance moved:
| The change | Answers |
|---|---|
| A drop on a funded account | Payout, Same as a payout I entered, Broker correction, Dismiss |
| A drop on an evaluation | Broker correction, Dismiss |
| A rise, on any account | Broker credit, Dismiss |
What each one saves:
- Payout: records a payout of the drop. Enter your profit split and the row shows what you received. The split is kept as the account’s default for its next payout.
- Same as a payout I entered: you already logged this payout by hand. Pick it from the list, shown by date and the amount you received, newest first, and PropStax links the change to it, so the money isn’t counted twice. Offered only when the account has a payout you entered.
- Broker correction (a drop) and Broker credit (a rise): the broker moved the balance for its own reasons, such as fixing a mistake. Nothing is added to your money totals.
- Dismiss: not a real event. Nothing is added to your money totals.
A rise is never a payout: once a payout comes off the account it doesn’t come back, so money coming back is the broker correcting itself. An evaluation has nothing to pay out, so it doesn’t offer Payout either.
No answer logs a cost. The balance of a prop account is simulated, so a change in it is never money you paid. What you pay a firm (an evaluation, an activation, a reset) is paid outside the account: log it with Add cost on the Financials page.
A drop on a funded account starts on Payout, except on a Tradovate account your broker turned off (below); every other row starts on Broker correction or Broker credit.
With more than one row, Set all gives every row the same answer (Broker correction or credit gives each row the one its direction takes, and Payout skips the rows that don’t offer it), and Split all payouts fills in the split on every Payout row.
Rithmic
On Rithmic, PropStax compares the balance at each sync with the one your trades explain, so a change is dated to the latest synced day, not the day the money moved. It covers what moved since the last question you answered on that account, less the payouts you’ve logged since then, so a payout you log before the broker takes it isn’t asked about. If you answered another question on the account in between, it is asked once: answer Same as a payout I entered. Its Payout answer asks two more things, filled in for you:
- Paid on: the day the payout was paid. It starts on the question’s day, or on today if the question’s day is later, and can’t be after today.
- Amount: the payout’s gross. It starts at the change’s amount.
You received is the amount you enter times your split.
A Tradovate account your broker turned off
While PropStax reads the final days of a Tradovate account your broker turned off, a change dated after the account’s last trading day isn’t asked about. One that matches a payout you entered is linked to it; for a final payout you haven’t entered, tick Final payout taken when you answer Blown or Closed on the Accounts no longer active at your broker page, or use Add payout. A change on or before its last trading day is asked about as usual, except that a drop on a funded account starts on Broker correction, not Payout: it may be a final payout you already entered, which the broker dated on another day. If it is, answer Same as a payout I entered, so the money isn’t counted twice. See Missing accounts.
Saving
- Save (it reads Save 3 accounts with three rows) saves every row’s answer at once. It stays off until each Payout row has a split (and, on Rithmic, a paid date and an amount) and each Same as a payout I entered row has its payout picked. The line under it says what’s missing. If a later sync changed a question while the window was open, that answer isn’t saved: close the window and open it again to answer the question as it stands.
- Later closes the window and keeps the questions. They come back after your next sync, unless that sync finds the change explained.
- Dismiss all, I’ll add them myself dismisses every question at once.
Nothing you answer or dismiss is asked again, on any feed. If you dismiss a payout because you’ll log it by hand, logging it doesn’t bring the question back. Payouts saved here show on the Financials page, where you can edit or delete them.