Reverse 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 Distribution Reversal
• Create Reversed Distributions and Redistributions

For an example, see Example of Reversing Distributions Due to Retroactive Ownership Change.