In Group Module Permissions, the lines:
The Lead module allows distributing Leads to Partners, who can then convert them to Deal Registrations.
The italicized clause is slightly misleading as you can not convert Leads to Deal Registrations unless the user also has `Pipeline Deals` permissions.
We had a use case wherein we wanted to distribute SFDC leads to certain partners but not allow them to register deals (as the ultimate deal registration would be done by a further downstream partner.
Perhaps the sentence should read:
The Lead module allows distributing Leads to Partners, who, with optional Pipeline Deals privileges, can then convert them to Deal Registrations.
Yes, you are correct. Thanks for pointing this out. We'll get the description updated in the next release.