Understanding Cash Call Transfers

You perform a cash call transfer when you want to close a cash call and transfer the open amount to another cash call instead of refunding the amount to the partner. The scenarios in which you might want to transfer a cash call are: a partner participating in multiple joint ventures has backed out of a project and the open amount must be transferred to another partner, or the project has ended and the partner wants the open amount to be transferred to another cash call for another business unit within the same joint venture or to a different joint venture, or the partner has sold its share to another partner.

The transfer process includes two tasks:

• Request the transfer of the cash call using the Cash Call Definition program (P09J40).

• Process the transfer to create the transfer journal entries.

  You use the Submit Transfer option on the Row menu of the Work with Cash Call Definition form to run the batch program, Create JV Cash Call JEs (R09J630), that creates the transfer journal entries.

  You can also run this program from the standard Batch Versions program.