Navigator User Forums
  Partnerships
  partnership contributions

Post New Topic  Post A Reply
profile | register | preferences | faq | search

UBBFriend: Email This Page to Someone! next newest topic | next oldest topic
Author Topic:   partnership contributions
jordonez
Member 		posted 09-07-2000 06:43 AM     Click Here to See the Profile for jordonez     Edit/Delete Message
How should one characterize a limited partnership holding, especially if there will be ongoing calls. If it is set up as an investment account, which it is, and quantify it as having 1 share (is that right?, how does a further request for funds get entered. If it goes to the investment account the screen asks for "how many shares". Since it is increasing the investment, but I don't want to change the ownership shares, what to do?

IP: Logged

COOPERSTOWN
Member 		posted 09-09-2000 09:34 AM     Click Here to See the Profile for COOPERSTOWN   Click Here to Email COOPERSTOWN     Edit/Delete Message
You are correct in quantifying your partnership as 1 unit. Whenever you have additional capital calls you would leave 1 in the # of shares box. This would then change the number of units to 2. Then you would have to go to the asset/liability screen and change the number of units back to 1.

This is a good question and something I will address through suggestions to the program enhancements.

IP: Logged

All times are PT (US)

next newest topic | next oldest topic

Administrative Options: Close Topic | Archive/Move | Delete Topic
Post New Topic  Post A Reply
Hop to:

Contact Us | Home

Copyright 2010 Financial Navigator, Inc.


Ultimate Bulletin Board 5.47e