This paper introduces the concept of Emotion-Related Transactive Memory Systems (ETMS), extending the traditional framework of Transactive Memory Systems (TMS) to include emotional knowledge as a critical component for team effectiveness. While TMS has historically focused on task-related knowledge, this study argues that understanding team members' emotional abilities, dispositions, antecedents, and regulation strategies is equally vital for fostering effective interpersonal relationships and enhancing team performance. ETMS is conceptualized as a shared system for encoding, storing, and retrieving emotional information within teams. The framework identifies three dimensions of ETMS: emotional knowledge, credibility of emotional attributes, and emotional division of labor. By leveraging insights from relational information exchange and emotional signaling theories, the paper explores how ETMS develops through explicit and tacit emotional exchanges, leading to both emergent and engineered emotional division of labor.