Directions for Transferring Club Data to Club Accounting

InvestClub, Inc. has ceased operations and will no longer update nor support any of its investment club software. We recommend that users of the InvestClub software transfer their club accounting data to the official software of BetterInvesting (the National Association of Investors Corp., NAIC), used successfully by more than 65,000 investment clubs since 1989. Both desktop and online versions of Club Accounting are available.

These directions for transferring investment club data from the InvestClub software to Club Accounting software products are intended to help clubs negatively affected by InvestClub’s demise. Please note that we cannot guarantee the accuracy or completeness of data exported by the InvestClub software.

To Export Club Data from InvestClub into the Club Accounting data format
The first step in moving your investment club’s data from the InvestClub software to the Club Accounting software is to organize your club’s data into a form that will be read-able by the software. Just follow these steps to export your club’s data into a file format that will enable you to transfer it to the software.

1. First, open the InvestClub software.
2. Select FILE > EXPORT > EXPORT TO NCADATA.DAT
3. Select a location for saving the file. We recommend saving it to a floppy diskette (usually the A: drive). The file is saved as NCADATA.DAT
4. InvestClub contains cash accounts not used in the Club Accounting software. During the export, you are given the option to place your current accounts into the standard Bank, Broker, Petty Cash, or Suspense accounts. Note that Management Fees and Organizational Expenses should usually go into Bank rather than Petty Cash!
5. Click OK.
6. After the data has saved, click OK again.

1. In the Club Accounting software, select Accounting > Utility Section > Import.
2. Click the Browse button. A window entitled Choose File will appear.
3. Use the drop down list in the field Look in to navigate to the NCADATA.DAT file which you should import. If the file is on the floppy disk, select A:
4. When the NCADATA.DAT file is located, do one of the following: Double click on the file name; or, click once on the file name, then click the Open button.
5. The path and directory, ending with NCADATA.DAT, will now appear in the box to the left of the Browse button.
6. Click the Import button.
7. When the text “Your import was successful” appears on screen, the import is finished, and you may begin using your Club Accounting software.

1. In the site, select Accounting > Utilities > Import Accounting Records
2. Click the Browse button.
3. Find the NCADATA.DAT file and double-click on it. It will appear in the Data file field.
4. You may choose whether or not to upload your club member’s social security numbers. If you would prefer that this information not be uploaded, simply uncheck the checkbox, and the club accounting data will be imported without the social security numbers.
5. Click the Import button. The import is now complete.