Before You Can Calculate Joint Venture Overhead

You must set up one or more overhead methods for each joint venture for which you want to process overhead. An overhead method contains details that the Oracle Joint Venture Management processes use to calculate, distribute, and invoice overhead amounts for a joint venture. See About Overhead Methods for more information.

If you set up overhead methods to calculate overhead based on costs incurred by the joint venture, make sure that:

• Distributions for the joint venture have been generated.

  For this type of overhead method, the Process Joint Venture Overhead process uses transaction amounts for distributed transactions that haven't been invoiced as the basis for the overhead calculation.

• The process to calculate overhead is scheduled to run before the process to invoice distributions.

  Only distributions with a status of “Available to process” are used in the calculation of overhead.

If you’ve assigned a periodic adjustment factor to an overhead method, make sure that you’ve run the process to adjust the percentage or rate in the overhead method according to the values in the periodic adjustment factor. See the next task for details.