Reviewing and Revising Joint Venture Distribution Details by Partner
To review and revise a joint venture account distribution detail by partner:
From the Joint Venture Management module (G09J), click Daily Processing, and then JV Distribution Detail by Partner.
On the Revise Joint Venture Distribution Detail by Partner form, click Find.
The system displays all the distribution records by the partner for all the joint ventures. The distribution amount totals by partner is displayed if you have set the processing option to display totals, or you have selected the Display Totals option in the header area of the form.
Use the advanced query or any of the fields or options in the form header or the QBE to enter search criteria, and then click Find.
The system displays records that match your search criteria in the detail area of the form.
Review the aggregated balances of the amount that are distributed to each partner for each joint venture, and the total distributed amount for all of the joint ventures the partner is involved in.
Note that if the joint ventures (a partner is involved in) operate in multiple currencies, the total distributed amount for that partner across the joint ventures will not be displayed.
To update the records:
For an individual record, click the Transaction Status field for the record and select a status. You can also update the remark, and the outside partner and insider business unit if the record is a redistribution record. Then, click OK on the form to save your changes.
For multiple records, select the records that you want to update and click Update Selected on the Row menu.
On the Update JV Distribution Detail Status form, specify the new status in the Transaction Status field, update the outside partner or insider business unit for redistribution records, and then click Update.
For all the records, click Update Status All on the Form menu.
On the Update JV Distribution Detail Status form, specify the new status in the Transaction Status field, and then click Update.
To reverse individual or multiple transactions in a document, select the transactions and click Reverse Selected on the Row menu.
On the Reverse Joint Venture Distribution Detail window, update the reverse date, if required, and click Reverse.
To reverse all transactions in a document based on a query, you must first perform your query. Then, click Reverse All on the Form menu.
On the Reverse Joint Venture Distribution Detail window, update the reverse date and the transaction redistribution status, if required, and click Reverse.
Note: The system displays the Transaction Redistribution Status field only for the distributed transactions that are assigned to cash calls, and only if you have specified in the processing option to display cash call information.For more information on reversing joint venture distribution transactions, see Reversing a Joint Venture Distribution Transaction.
The Dist Doc Detail on the Row menu of the program enables you to access the joint venture invoice, voucher, or journal entry information for the selected record on the corresponding system (Accounts Receivable, Accounts Payable, or General Accounting).