The salary to be paid to the partners, the profits to be shared between the partners, the capital interest, the interest on the drawings, etc., must be decided on the basis of the agreement concluded between the partners (i.e. on the basis of the partnership deed). The partnership agreement defines the ratio in which the partners must share each year the profit and loss of the company. In case of agreement between the partners, the partner may receive an agreed remuneration. If the profit-sharing agreement remains silent, the shareholders share the profits and losses in the same proportion. In the absence of an agreement between the partners, a partner is not entitled to pay interest on subscriptions. Everything that is relevant to the relationship between the partners is part of the agreement. Aspects related to arbitration (in case of dispute between them), etc. will be part of the agreement. (b) the members are allowed to share equally the profits obtained and contribute equally to the losses incurred by the undertaking; (a) a partner is not entitled to remuneration for participation in management; c) Where a partner is entitled to interest on the capital he subscribes, such interest shall be paid only by means of profits The deed of company generally includes/includes the following aspects If no information is available on the payment of interest to his partners and the interest rate, interest of 6% per annum is payable. for the purposes of the transaction, any payment or advance in addition to the amount of the principal subscribed to by him shall be entitled to be paid into it at a rate of six per cent per annum; It is therefore necessary to ensure compliance with what is agreed when accounting for transactions concerning them. .