Create a Receivables Invoice or a Journal Entry for a Partner Contribution

For each stakeholder, the managing partner creates a receivables invoice or a journal entry for the amount the stakeholders agreed to contribute to help fund the joint venture.

When you create the invoice or journal entry, note the transaction number and transaction date. You will enter these values when you set up the partner contribution in Oracle Joint Venture Management.

Note: Receivables writes the invoice amount for partners in the account that's categorized in the Revenue accounting class in Oracle Fusion Cloud Financials. Make sure that you replace this revenue account with an account that you want to use for this type of receivables invoice as described in these topics:

• The "Partner Contribution Invoice Lines" topic in Set Up Partner Accounts for Joint Venture Receivables Invoices.

• Derive the Liability Account for Partner Contribution Invoice Lines in Joint Venture Invoices.