Create Carried Interest Distributions

You can set up the Create Joint Venture Distributions process to create distributions and carried interest distributions in the same process run. Or you can run the process to create distributions first, and then run it again with the option to create carried interest distributions.

When carried interest distributions are created, Joint Venture Management tracks the amounts that consenting stakeholders carry for nonconsenting stakeholders. If the carried interest agreement is configured for penalty calculations and payout tracking, the process also calculates penalties, updates carried balances, and determines whether payout has been reached.

To create carried interest distributions:

  1. Access the Create Joint Venture Distributions process.
  2. Complete the standard settings and then select one of these options for the Distribution Process Type:
    • Carried Interest Distributions. Use this option to create carried interest distributions only.
    • Both. Use this option to create distributions for a carried interest agreement and carried interest distributions in the same process run.