Transfer a Partner Contribution

You can transfer the open amount of a partner contribution to another partner contribution or use the open amount to create a new partner contribution.

You might want to perform a partner contribution transfer in the following scenarios:

  • A joint venture has ended, and a stakeholder wants to transfer their partner contribution open amount to another partner contribution in a different joint venture that the stakeholder also participates in.

  • A stakeholder has sold their share to another stakeholder.

You must process the transfer through a journal entry if the partner contribution you're transferring uses a different account than the receiving partner contribution. If both partner contributions use the same account, you can transfer without recording it in a journal entry.