Reverse and Redistribute Distributions Due to a Retroactive Change in Ownership

Use this reversal method if you’ve renegotiated a joint operating agreement and the new terms require the reversal and redistribution of previously generated cost and revenue distributions.

To use this reversal method, complete the following tasks:

• Update Ownership Definitions to Enable the Reversal and Redistribution of Distributions
• Run the Adjustments Process to Create Reversed Distributions and Redistributions