15 Working with Operational Status for the Joint Venture and Business Unit (Release 9.2 Update)

This chapter discusses:

15.1 Understanding the Operational Status for Joint Ventures

You can specify the operational status for a joint venture in the Joint Venture Operational Status program (P09J70). To update the operational status of a joint venture, you can access the Revise Joint Venture Operational Status form, either from the Work with Joint Ventures form (Row menu) or from the Edit Joint Venture form (Form menu) using the Joint Venture Master program (P09J30).

On the Revise Joint Venture Operational Status form, you can see the joint venture name, effective date, and the operational status changes that the joint venture has gone through. You can use the effective date field in the header section as a filter to search for the effective dates specified for an operational status. The system displays the record with the latest status at the top of the grid. The system stores the joint venture operational status in the Joint Venture Operational Status table (F09J70).

The operational status of the joint venture is different from the status of the joint venture stored in the Joint Venture Master table (F09J30). The operational status is used while calculating overhead using the Fixed Amount, Fixed Amount with Escalations, and Day Rate overhead methods.

15.2 Entering the Operational Status for a Joint Venture

To enter the operational status record for a joint venture:

  • From the Joint Venture Management module (G09J), click Periodic Processing, Operational Status, and then Joint Venture Master.

  • On the Work with Joint Ventures form, search and select the record.

  • On the Edit Joint Venture form, select the Operational Status from the Form menu.

  • On the Revise Joint Venture Operational Status form, enter the required fields:

    • Operational Status

      A user-defined code (09J/BS) that indicates the operational status of joint venture or business unit that is part of a joint venture.

    • Effective Date

      Enter a date from when the operational status becomes effective.

      Note:

      You can specify only one operational status for a joint venture for a specific date.

      You cannot modify the operational status if you have calculated overhead for the month using this operational status.

  • Click OK to save your changes.

    Note:

    If the overhead is already calculated for the joint venture, you cannot add, update, or delete the operational status for an effective date for the same month.

15.3 Understanding the Operational Status for a Joint Venture Business Unit

You can specify the operational status for a joint venture business unit in the Business Unit Operational Status program (P09J71). To update the operational status of a business unit, you can access the Revise Business Unit Operational Status form, either from the Business Unit Attributes program (P09J0006) from (Row menu), or Business Unit Master program (P0006) from (Row menu).

On the Revise Business Unit Operational Status form, you can see the business unit name, effective date, and the operational status changes that the business unit has gone through. You can use the effective date field in the header section as a filter to search for the effective dates specified for an operational status. The system displays the record with the latest status at the top of the grid. The system records the operational status change in the Business Unit Operational Status table (F09J71).

15.4 Entering the Operational Status for a Joint Venture Business Unit

To enter the operational status record for a joint venture business unit:

  1. From the Joint Venture Management module (G09J), click Periodic Processing, Operational Status, and then Business Unit Master.

  2. On the Work with Business Units form, search and select a record, and then select Operational Status from the Row menu.

  3. On the Revise Business Unit Operational Status form, enter the required fields:

    • Operational Status

      A user-defined code (09J/BS) that indicates the operational status of joint venture or business unit that is part of a joint venture.

    • Effective Date

      Enter a date from when the operational status becomes effective.

      Note:

      You can specify only one operational status for a joint venture for a specific date.

      You cannot modify the operational status if you have calculated overhead for the month using this operational status.

  4. Click OK to save your changes.

    Note:

    If the overhead is already calculated for the joint venture, you cannot add, update, or delete the operational status for an effective date for the same month.