Methods to Create Partner Contributions

The following table describes the different methods that you can use to create partner contributions.

Method	Description
Create Partner Contributions from Partner Contribution Requests	This method enables you to create partner contributions that are either based on open amounts in stakeholder cost distributions or a specific gross amount. It gives you the flexibility to generate partner contributions one-time only or generate them on a daily, weekly, or monthly basis. In the Partner Contribution Requests application, you set up a request with the aforementioned details. You then run the following scheduled process over the request to generate the partner contributions: Process Joint Venture Partner Contributions – Process Partner Contribution Requests. The partner contributions created through this process are qualified for invoicing to the stakeholders using the scheduled process for creating partner contribution invoices.
Create Partner Contributions Through a Scheduled Process	With this method, you create partner contributions for a specific gross amount through a scheduled process. The process enables you to create partner contributions based on an ownership definition or for a single stakeholder. It also enables you to automatically invoice the partner contributions to the stakeholders.
Manually Create Partner Contributions	With this method, you create partner contributions for a specific stakeholder and amount. You can create the partner contributions directly in the Partner Contributions work area or use a spreadsheet to enter the details and upload the spreadsheet to the work area. You can’t use the partner contribution invoicing process to invoice this type of partner contributions. You need to manually associate a receivables invoice or a journal entry of the agreed contribution amount to the partner contribution.

Method

Description

Create Partner Contributions from Partner Contribution Requests

This method enables you to create partner contributions that are either based on open amounts in stakeholder cost distributions or a specific gross amount. It gives you the flexibility to generate partner contributions one-time only or generate them on a daily, weekly, or monthly basis.

In the Partner Contribution Requests application, you set up a request with the aforementioned details. You then run the following scheduled process over the request to generate the partner contributions: Process Joint Venture Partner Contributions – Process Partner Contribution Requests. The partner contributions created through this process are qualified for invoicing to the stakeholders using the scheduled process for creating partner contribution invoices.

Create Partner Contributions Through a Scheduled Process

With this method, you create partner contributions for a specific gross amount through a scheduled process. The process enables you to create partner contributions based on an ownership definition or for a single stakeholder. It also enables you to automatically invoice the partner contributions to the stakeholders.

Manually Create Partner Contributions

With this method, you create partner contributions for a specific stakeholder and amount. You can create the partner contributions directly in the Partner Contributions work area or use a spreadsheet to enter the details and upload the spreadsheet to the work area.

You can’t use the partner contribution invoicing process to invoice this type of partner contributions. You need to manually associate a receivables invoice or a journal entry of the agreed contribution amount to the partner contribution.

Regardless of the method that you choose to create partner contributions, you use the same process to draw from the partner contributions. See Draw from Partner Contributions.

A joint venture accountant can run the partner contribution processes, and can also create and manage partner contributions in the Partner Contributions work area or in a spreadsheet. If Data Security for Joint Venture Management is enabled, you can perform these tasks only for the joint ventures that are associated with the business units you are authorized to manage.