0.2.33: exited positions (secondary-sale edge case)

A member who sold/transferred their stake showed a phantom -100% loss
($0 ending balance, no distribution through the fund). Now:
- entity_access.exited_on (migration e1f2a3b4c5d6), set/cleared from the
  Partners tab (writer-only, inline date picker, audited)
- LP portal card shows a quiet "Exited <date>" badge, keeps documents,
  hides balance/gain
- portfolio summary excludes exited positions ("Excludes N exited")
- fund committed totals (rollup + Partners tab) skip exited members so
  seller + buyer are not double-counted

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

frontend/public/sw.js

@@ -3,7 +3,7 @@
 // - content-hashed /assets/* are cache-first (immutable, safe forever)
 // - /api/* is never cached
 // Bump CACHE on each release so old entries are purged.
-const CACHE = 'ten31-portal-0.2.32'
+const CACHE = 'ten31-portal-0.2.33'
 
 self.addEventListener('install', () => self.skipWaiting())
 

frontend/src/api.ts

@@ -86,6 +86,7 @@ export interface Partner {
   latest_value_cents: number | null;
   latest_as_of: string | null;
   statements_count: number;
+  exited_on: string | null;
 }
 
 export interface AccessGrant {
@@ -160,6 +161,7 @@ export interface CapitalAccount {
   ending_balance_cents: number;
   document_id: number | null;
   created_at: string;
+  exited_on: string | null;
 }
 
 export interface Entity {
@@ -313,6 +315,11 @@ export const api = {
       `/api/entities/${entityId}/partners`,
       { method: "DELETE" },
     ),
+  setPartnerExited: (entityId: number, userId: number, exitedOn: string | null) =>
+    request<Partner>(`/api/entities/${entityId}/partners/${userId}/exited`, {
+      method: "PUT",
+      body: JSON.stringify({ exited_on: exitedOn }),
+    }),
   createEntity: (data: Partial<Entity>) =>
     request<Entity>("/api/entities", { method: "POST", body: JSON.stringify(data) }),
   updateEntity: (id: number, data: Partial<Entity>) =>

frontend/src/pages/EntityPartners.tsx

@@ -14,6 +14,9 @@ export default function EntityPartners() {
   const [notice, setNotice] = useState("");
   const [clearing, setClearing] = useState(false);
   const [loading, setLoading] = useState(true);
+  // Row currently getting an exit date (inline date picker), and the chosen date.
+  const [exitingId, setExitingId] = useState<number | null>(null);
+  const [exitDate, setExitDate] = useState(() => new Date().toISOString().slice(0, 10));
 
   const isWriter = !!user && canEditRound(user.role);
 
@@ -57,10 +60,26 @@ export default function EntityPartners() {
     }
   }
 
+  async function saveExit(userId: number, exitedOn: string | null) {
+    if (!entity) return;
+    setError("");
+    try {
+      const updated = await api.setPartnerExited(entity.id, userId, exitedOn);
+      setPartners((prev) => prev.map((p) => (p.user_id === userId ? updated : p)));
+      setExitingId(null);
+    } catch (err: any) {
+      setError(err.message || "Failed to update exit status");
+    }
+  }
+
   if (loading || !entity) return <div className="text-gray-500 text-sm">Loading…</div>;
 
-  const totalCommitted = partners.reduce((s, p) => s + (p.latest_commitment_cents || 0), 0);
-  const totalCapital = partners.reduce((s, p) => s + (p.latest_value_cents || 0), 0);
+  // Exited members (stake sold/transferred) stay on the roster but out of the totals —
+  // otherwise a seller and their buyer would both be counted.
+  const active = partners.filter((p) => !p.exited_on);
+  const exitedCount = partners.length - active.length;
+  const totalCommitted = active.reduce((s, p) => s + (p.latest_commitment_cents || 0), 0);
+  const totalCapital = active.reduce((s, p) => s + (p.latest_value_cents || 0), 0);
 
   return (
     <div>
@@ -78,6 +97,11 @@ export default function EntityPartners() {
             Total committed: <span className="font-medium">{formatMoneyExact(totalCommitted)}</span>
             <span className="mx-2 text-gray-300">·</span>
             Total capital: <span className="font-medium">{formatMoneyExact(totalCapital)}</span>
+            {exitedCount > 0 && (
+              <span className="ml-2 text-xs text-gray-400">
+                (excludes {exitedCount} exited)
+              </span>
+            )}
           </p>
           {isWriter && partners.length > 0 && (
             <button
@@ -98,6 +122,7 @@ export default function EntityPartners() {
               <th className="px-4 py-2 font-medium">Member</th>
               <th className="px-4 py-2 font-medium">Investor ID</th>
               <th className="px-4 py-2 font-medium">Login</th>
+              <th className="px-4 py-2 font-medium">Status</th>
               <th className="px-4 py-2 font-medium">As of</th>
               <th className="px-4 py-2 font-medium text-right">Committed</th>
               <th className="px-4 py-2 font-medium text-right">Paid-in</th>
@@ -107,9 +132,9 @@ export default function EntityPartners() {
           </thead>
           <tbody>
             {partners.map((p) => (
-              <tr key={p.user_id} className="border-t border-gray-100">
+              <tr key={p.user_id} className={`border-t border-gray-100 ${p.exited_on ? "text-gray-400" : ""}`}>
                 <td className="px-4 py-2">
-                  <div className="text-gray-900">{p.name}</div>
+                  <div className={p.exited_on ? "text-gray-500" : "text-gray-900"}>{p.name}</div>
                   <div className="text-xs text-gray-400">{p.username}</div>
                 </td>
                 <td className="px-4 py-2 text-gray-600">{p.external_investor_id ?? "—"}</td>
@@ -122,6 +147,56 @@ export default function EntityPartners() {
                     <span className="text-amber-600">No login yet</span>
                   )}
                 </td>
+                <td className="px-4 py-2 whitespace-nowrap">
+                  {p.exited_on ? (
+                    <span>
+                      <span className="text-xs font-medium uppercase text-gray-500 bg-gray-100 px-1.5 py-0.5 rounded">
+                        Exited {formatDate(p.exited_on)}
+                      </span>
+                      {isWriter && (
+                        <button
+                          onClick={() => saveExit(p.user_id, null)}
+                          className="ml-2 text-xs text-accent-600 hover:text-accent-700"
+                        >
+                          Undo
+                        </button>
+                      )}
+                    </span>
+                  ) : exitingId === p.user_id ? (
+                    <span className="flex items-center gap-1.5">
+                      <input
+                        type="date"
+                        value={exitDate}
+                        onChange={(e) => setExitDate(e.target.value)}
+                        className="px-1.5 py-0.5 border border-gray-300 rounded text-xs"
+                      />
+                      <button
+                        onClick={() => exitDate && saveExit(p.user_id, exitDate)}
+                        className="text-xs text-accent-600 hover:text-accent-700 font-medium"
+                      >
+                        Save
+                      </button>
+                      <button
+                        onClick={() => setExitingId(null)}
+                        className="text-xs text-gray-400 hover:text-gray-600"
+                      >
+                        Cancel
+                      </button>
+                    </span>
+                  ) : (
+                    <span>
+                      <span className="text-gray-600">Member</span>
+                      {isWriter && (
+                        <button
+                          onClick={() => setExitingId(p.user_id)}
+                          className="ml-2 text-xs text-gray-400 hover:text-gray-600"
+                        >
+                          Mark exited
+                        </button>
+                      )}
+                    </span>
+                  )}
+                </td>
                 <td className="px-4 py-2 text-gray-500">
                   {p.latest_as_of ? formatDate(p.latest_as_of) : "—"}
                 </td>
@@ -141,7 +216,7 @@ export default function EntityPartners() {
             ))}
             {partners.length === 0 && (
               <tr>
-                <td colSpan={8} className="px-4 py-6 text-center text-gray-400">
+                <td colSpan={9} className="px-4 py-6 text-center text-gray-400">
                   No members yet. Import the eNAV ALLOC SI tab from “Import Statements,” or grant
                   access on the Access Grid.
                 </td>

frontend/src/portal/InvestorPortalView.tsx

@@ -27,9 +27,23 @@ export default function InvestorPortalView({
   // When this login covers several legal names (e.g. an IRA and a trust), label each block.
   const showNames = new Set(accounts.map((a) => a.investor_user_id)).size > 1;
 
+  // Exited positions (stake sold/transferred) keep their card + documents but stay out of
+  // the portfolio totals — a $0 balance from a sale is not a loss.
+  const activeAccounts = accounts.filter((a) => !a.exited_on);
+  const activeEntityCount = new Set(activeAccounts.map((a) => a.entity_id)).size;
+  const exitedPositions = new Set(
+    accounts.filter((a) => a.exited_on).map((a) => `${a.entity_id}:${a.investor_user_id}`),
+  ).size;
+
   return (
     <div className="space-y-8">
-      {entities.length > 1 && <PortfolioSummary accounts={accounts} count={entities.length} />}
+      {activeEntityCount > 1 && (
+        <PortfolioSummary
+          accounts={activeAccounts}
+          count={activeEntityCount}
+          exitedCount={exitedPositions}
+        />
+      )}
       {entities.map((e) => (
         <FundSection
           key={e.id}
@@ -44,7 +58,15 @@ export default function InvestorPortalView({
 }
 
 // One quiet navy card answering the multi-fund LP's first question: the total across Ten31.
-function PortfolioSummary({ accounts, count }: { accounts: CapitalAccount[]; count: number }) {
+function PortfolioSummary({
+  accounts,
+  count,
+  exitedCount,
+}: {
+  accounts: CapitalAccount[];
+  count: number;
+  exitedCount: number;
+}) {
   // Latest statement per (fund, legal name); summed across all of them.
   const totals = useMemo(() => {
     const latest = new Map<string, CapitalAccount>();
@@ -100,6 +122,11 @@ function PortfolioSummary({ accounts, count }: { accounts: CapitalAccount[]; cou
           )}
         </div>
       </div>
+      {exitedCount > 0 && (
+        <p className="mt-3 text-xs text-brand-300">
+          Excludes {exitedCount} exited position{exitedCount === 1 ? "" : "s"}.
+        </p>
+      )}
     </section>
   );
 }
@@ -238,6 +265,24 @@ function CapitalBlock({
   // Collapsed by default so the portal opens clean; the investor expands the trend per fund.
   const [showChart, setShowChart] = useState(false);
 
+  // A sold/transferred stake: the fund's books show $0 with no distribution, which is not a
+  // loss. Show a quiet Exited badge and keep the documents; no balance, no gain/loss.
+  if (latest.exited_on) {
+    return (
+      <div className={divider ? "mt-6 pt-5 border-t border-gray-100" : "mt-3"}>
+        {label && <p className="text-sm font-medium text-gray-700">{label}</p>}
+        <p className="mt-2">
+          <span className="text-xs font-medium uppercase text-gray-500 bg-gray-100 px-2 py-1 rounded">
+            Exited {formatDate(latest.exited_on)}
+          </span>
+        </p>
+        <p className="text-sm text-gray-400 mt-2">
+          This position was sold or transferred. Documents remain available below.
+        </p>
+      </div>
+    );
+  }
+
   return (
     <div className={divider ? "mt-6 pt-5 border-t border-gray-100" : "mt-3"}>
       {label && <p className="text-sm font-medium text-gray-700">{label}</p>}

frontend/src/version.ts

@@ -1,4 +1,4 @@
 // Bumped each release so the running build is visible in the UI.
 // If the number shown in the app doesn't match the installed s9pk version,
 // the new frontend isn't actually being served.
-export const APP_VERSION = "0.2.32";
+export const APP_VERSION = "0.2.33";