Joint Venture Management Implementation Steps
These are the suggested application-specific implementation steps for JD Edwards EnterpriseOne Joint Venture Management:
(Optional) Create a legal entity record for each entity associated with the joint ventures.
Set up the joint venture master records for the joint ventures.
(Optional) Create an approval list to track the date on which you receive approvals from all required entities.
Identify the distributable accounts for the joint venture.
Set up the Automatic Accounting Instructions (AAIs) for the joint venture.
See Entering Automatic Accounting Instructions for Joint Venture Management (Release 9.2 Update).
Set up one or more Division of Interest (DOI) records for the joint venture.
Define the DOI assignment rules for the joint venture.
Define distribution ledgers for the joint venture.
See Setting Up Distribution Ledgers for Financial Reporting (Release 9.2 Update).
Set up business unit attributes
See Setting Up Joint Venture Business Unit Attributes (Release 9.2 Update).
Set up account groups to process overhead and cash calls.
Set up escalation indices.
See Setting Up Escalation Indices for Overhead (Release 9.2 Update).
Set up overhead rules.
Assign overhead rules.
Set up joint venture-based allocations.
See “Setting Up Versions for Joint Venture-Based Allocations" and “Setting Up Specifications for Advanced Variable Numerator Allocations" in the JD Edwards EnterpriseOne Applications General Accounting Implementation Guide.