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Debt (Promissory Notes): Reinvesting Dividends
Debt (Promissory Notes): Reinvesting Dividends

Use this Article to record Promissory Note reinvestments in an Investor's Position as Additional Principal.

Theresa Klekar avatar
Written by Theresa Klekar
Updated over a week ago

When you are ready to start sending dividends for your Promissory Notes, there may be some investors who are having their distributions reinvested.

In InvestNext, reinvesting dividends for Promissory Notes is done in two main steps:

STEP 1: Run the distribution to the Confirmed state.

This allows InvestNext to calculate each investor’s dividend amount.

The Distribution is run and placed into the Confirmed state. This does NOT send the funds to the investor.

STEP 2: Record the reinvestment in the Investor’s Position as Additional Principal.

1. Go to the Investor’s Position

2. Click + New Transaction on the right side of the screen

3. Click Addition to Principal

4. Select the Promissory Note that the principal needs to be added to.

5. Set the Date the reinvestment is made

6. Add the Amount of the reinvestment

7. Click Create Addition to Principal

NOTE: Both the Interest calculated in the distribution and the Addition to Principal will display in the Position and in the Investor’s view of the portal.

Admin View of Position:

Investor's View of Investment:

ADDITIONAL ARTICLES:

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