Enter the Initial Details for the Carried Interest Agreement

Provide a name and description and specify the joint venture that you are setting up the carried interest agreement for. You can set up one or more carried interest agreements for a joint venture. However, you can’t associate the same carried interest agreement to more than one joint venture.

Note: To expedite the setup, you can define multiple carried interest agreements in a Microsoft Excel spreadsheet, and then upload them all at once from the spreadsheet.

1. Navigate to Setup and Maintenance and select the Joint Venture Management functional area under the Financials offering.
2. Click the Manage Carried Interest Agreements task.
3. On Carried Interest Agreements, click Add.

   Or click More Actions, Manage in Excel and use the spreadsheet to add multiple carried interest agreements. The spreadsheet contains instructions on how to complete the columns, which reflect the fields in the user interface and include a list of values for fields when applicable.

4. Enter a name and description and select the joint venture for the carried interest agreement.
5. For the status, select Editing.

   You can choose to save the carried interest agreement at this point and start another if desired.

6. Enter a start date and an optional end date for the carried interest agreement. The dates that you enter must encompass the effective dates that you enter for the stakeholder groups, as described in the next task.

   If you save it without dates, the application automatically enters the current date for the start date and leaves the end date blank.

7. Save the carried interest agreement.