AAIs for Cash Calls (Release 9.2 Update)

You must set up the AAIs for processing cash calls if you are using cash calls to manage the cash flow for the expenses associated with your joint venture.

There are three AAIs for cash calls and you must set up an account for each of them:

• AAI Item JVCxxx - Partner Contributions Account

  This AAI defines the account that holds the current balance of partner contributions. The system uses this account in cash calls transactions to create the following entries:

  • The credit entry on the cash call invoice that you create to bill the partners for their cash calls

  • The debit entry on the cash call voucher or cash call journal entry that you create to close specific cash calls and refund the partners

  • The debit and credit entries on the cash call journal entry that you create to transfer a cash call to another cash call

  • The debit and credit entries on the cash call journal entry that you create to draw on the cash call

  The xxx on the AAI definition represents the Joint Venture G/L Offset code that can be used to define a different account for each joint venture.

  This table shows the setup considerations for the JVCxxx AAI:

  AAI Item	Description	Company	Business Unit	Object	Subsidiary	Sequence Number
  JVCxxx	Partner Contributions Account	00000 or Specific Company	Required	Required	Optional	9.900

  This table shows an example of a Partner Contributions Account.

  AAI Item	Company	Business Unit	Object	Subsidiary
  JVC	00001	1	4950

• AAI Item JVJxxx - Journal Entry Offset Account

  The system uses the account that you define in this AAI to create the offset entry on the cash call journal entry that you create to close specific cash calls and refund the joint venture partners.

  To close a cash call and to refund the partner, you can either create a voucher or a journal entry. This AAI is used only when you perform the cash call close and refund by creating a journal entry.

  The xxx on the AAI definition represents the Joint Venture G/L Offset code that can be used to define a different account for each joint venture.

  This table shows the setup considerations for the JVJxxx AAI:

  AAI Item	Description	Company	Business Unit	Object	Subsidiary	Sequence Number
  JVJxxx	Journal Entry Offset Account	00000 or Specific Company	Required	Required	Optional	9.120

  This table shows an example of a journal entry offset account.

  AAI Item	Company	Business Unit	Object	Subsidiary
  JVJ	00001	1	4190

• AAI Item JVAxxx - Agreement Default Charge Account

  The system uses the account that you define in this AAI to create the credit entry for the agreement default charge on the cash call journal entry or voucher that you create to process the close and refund of a cash call. An agreement default charge is the amount that a joint venture partner must pay for backing out of the joint venture.

  The xxx on the AAI definition represents the Joint Venture G/L Offset code that can be used to define a different account for each joint venture.

  This table shows the setup considerations for the JVAxxx AAI:

  AAI Item	Description	Company	Business Unit	Object	Subsidiary	Sequence Number
  JVAxxx	Agreement Default Charge	00000 or Specific Company	Required	Required	Optional	9.110

  This table shows an example of an agreement default charge account.

  AAI Item	Company	Business Unit	Object	Subsidiary
  JVA	00001	1	9170