Tracking Profit Interest Units for your LLC/MLP
LLCs and MLPs use Profit Interest Units (PIUs) to signify a member or partner holder as having an ownership/interest in the future profits of the company. As with all types of equity compensation, the ability to track time-based and performance-based vesting schedules is core, as well as flexibility to accommodate for plan adjustments, distribution methods, tax considerations, and broad reporting requirements. insightsoftware has expanded functionality to support PIU issuances within our award-winning SAAS Solution.
If you are currently using Excel or tracking your PIUs under an alternative award type that is not completely in line with PIU functionality and requirements, you won’t want to miss this session!
In this 30-minute session experts from insightsoftware’s product team will:
- Review the expanded functionality now available within insightsoftware to record, track, and report on Profit Interest Units.
- Discuss how insightsoftware’s PIU plan management allows companies to apply their policy decision on accounting types and methods for PIU issuances.