Transaction Type

The program also reads the joint venture account type and partner type for each transaction and determines whether to mark the transaction for creating an invoice, voucher, or journal entry.

  • A distribution transaction with a Revenue account type that is assigned to an outside partner is marked for creating a voucher in the F09J12 table.

  • A distribution transaction with a Capital Cost or Expense account type that is assigned to an outside partner is marked for creating an invoice in the F09J12 table.

  • A distribution transaction that is assigned to an insider business unit is marked for creating a journal entry irrespective of whether the account type is Revenue, Capital Cost, or Expense, unless the DOI indicates that invoices and vouchers are to be generated.

Note: If the joint venture account type is Distribution Only, the system will not create a joint venture invoice, voucher, or journal entry for the transaction.See Setting Up Account Information for Joint Ventures.