The Groundbreaker Platform makes it easy to manage your distributions. When it is time to distribute payments to all investors who have contributed to one of your Offerings, you will create a new distribution. Because all payments occur between legal entities, the distribution is managed via the investment entity and creates payments to investor accounts.
To create a distribution:
=> Select Menu from the Home Dashboard.
=> Then select Investment Entities
=> Click on the Investment Entity making the distribution
The specifics for the Investment Entity you selected are displayed and from here you can click the More Actions button and then Create Distribution to add the transaction.
Provide distribution details
On this page, enter the details that will be used to calculate the distribution amounts.
Provide the required details:
Distribution Description - identifies the payment to the investors (e.g. Q1 2020 Distribution)
Date of the distribution
Cash flow type - the drop-down menu presents several options and you can select one. You may also choose to add your own cash flow type.
Total distribution amount
The total distribution amount is allocated to your investors with each investor receiving an amount pro-rated by the size of their contribution.
When you click Continue, the page showing the amounts for each investor is displayed.
At this point, the distribution you just created is in Draft status and you can revise it as needed. From this page, you have several options before these amounts are published and finalized for payment.
Change the Details
Click Back or Distribution details to navigate back to the details page. You can change any of the information you originally entered, including the total distribution amount.
Click the pencil icon to change the amount for any of the investors.
You can enter in a new amount for this investor. Keep in mind that this edit overrides the pro-rata calculation and will adjust the total distribution amount by the amount you added or removed from the investor's distribution amount.
Delete an Amount
You may also delete any of the investor amounts by clicking on the trashcan icon on the row with the amount you wish to remove.
This action also overrides the pro-rata calculation and will cause the total distribution amount to change.
You can delete this distribution and start over if you click Delete distribution at the bottom of the page.
When the amounts are correct, click Publish distribution at the top of the page.
This will change the status of the distribution to Published which indicates that the amounts are final and ready to be processed for payment. You will see each payment with its unpaid payment status and you are ready to make your distribution payments. Refer to How do I create payments for a distribution? for how to make the payments.
If you have more questions or feedback, please use the live chat in-app (located in the bottom right corner) or contact firstname.lastname@example.org.