How do I Set up Partners, Partnership Profit Shares & Joint Capital Accounts?

Article ID

kba-02068

Article Name

How do I Set up Partners, Partnership Profit Shares & Joint Capital Accounts?

Created Date

23rd January 2003

Product

Problem

How do I set up Partners and their profit shares?
How do I set up a joint capital account?
How do I enter a change in the Partner profit share allocation?
How do I change the Partner profit shares when a new Partner is appointed?
How do I change the Partner profit shares if a Partner leaves the Partnership?
How do I enter actual amounts for  the Partner profit shares?

Resolution

Please refer to: Help | Help topics | Frequently Asked Questions | Partnerships.