BDOS takes the work out of the broker dealer Net Capital Computation. It has capability to age your receivables and payables as of any point in time. That is, BDOS can precisely tell you what the balances of your cash, receivables, payables and any other account were on any date in the past or are today. It can look to the future and age your receivables to determine when they will become non-allowable.
With this capability, BDOS can calculate your net capital for any date: past, present or future.
The above form is used for the Net Capital Computation. The output provides: Computation of Net Capital, Computation of Basic Net Capital Requirement and Computation of Aggregate Indebetedness. The BDOS format is the same format used on pages 3 and 4 the FOCUS IIA. The report can be Viewed, Printed, sent to an XLS spreadsheet or sent to a PDF using the BDOS internal PDF Generator.
| NCC: Page1 | Allows modification of lines 1-6 of the Computation of Net Capital (FOCUS IIA page 3). |
| NCC: Page 2 | Allows modification of lines 7-10 of the Computation of Net Capital (FOCUS IIA page 3). |
| NCR | Allows modification to the Computation of Basic Net Capital Requirement (FOCUS IIA page 4). |
| NCR | Allows modification to the Computation of Aggregate Indebetedness (FOCUS IIA page 4). |
BDOS was designed to generate the FOCUS IIA. You can create a new FOCUS IIA and modify, delete, print or view existing reports. To create the FOCUS IIA indicate the month, year and number of months.
The BDOS FOCUS IIA format is identical to the FINRA report. Like the Net Capital Computation, the report can be Viewed, Printed, sent to an XLS spreadsheet or sent to a PDF using the BDOS internal PDF Generator.
If necessary, the BDOS generated FOCUS IIA can be modified to meet specific requirements of the individual broker dealer.