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Buy nowHello. I am trying to follow this thread for setting up Partner equity in charts of accounts. I have an LLC, 2 partner, 50/50. I have the following setup:
Partner's Equity (roll-up)
-->Partner1 Equity (roll-up)
---->Partner1 Contributions
---->Partner1 Distributions
-->Partner2 Equity (roll-up)
---->Partner2 Contributions
---->Partner2 Distributions
Is this correct?