Considerations for Using Assignment Rules with a Default Ownership Definition

Oracle Joint Venture Management gives you the flexibility in determining how you want to implement ownership definition assignment rules.

You can set up assignment rules for all of the transactions in a joint venture. Or you can use assignment rules for only certain transactions, and use a default ownership definition in the joint venture definition to apply to the remaining transactions.

If you use a combination of default ownership definitions and ownership definition assignment rules, make sure that you consider the effective dates in each. The process to identify joint venture transactions uses the effective dates in default ownership definitions to determine which default ownership definition to assign to transactions. The process to apply assignment rules uses the effective dates to determine which assignment rule to use. Make sure that the effective dates in each are set up so that the transactions not covered by an assignment rule are covered by an ownership definition.

Unassigned Joint Venture Transactions

After running the process to identify joint venture transactions and apply assignment rules, it's possible to have unassigned joint venture transactions in the Joint Venture Transactions work area. This occurs when neither an ownership definition nor a direct billed stakeholder has been associated to a joint venture transaction. Unassigned transactions can't be distributed. However, you can manually assign an ownership definition or direct billed stakeholder to these transactions in the Joint Venture Transactions work area.