Manage Joint Venture Transactions

The Joint Venture Transactions work area displays transactions identified by the Identify Joint Venture Transactions process. This process identifies transactions in accounts defined as distributable in a joint venture definition.

In the Joint Venture Transactions work area, you can view details about each transaction, such as the transaction credit and debit amounts in the entered and accounting currency, the original account of the transaction, the ownership definition associated with it, and so on. You can also override certain values, such as the ownership definition, to change how a transaction is distributed if it hasn't already been processed by the Create Joint Venture Distributions process. See Override Joint Venture Transaction Processing for more information.

Initially, transactions have a default transaction status of “Available to process.” This status automatically changes to "Process complete" after the Create Joint Venture Distributions process creates distributions from the transactions.

Note: As an exception, some project-related transactions might have an initial status of "Not distributable." Also, transactions that originate from Payables might have “Awaiting payment” as the initial status. See Manage Unpaid Transactions from Payables.