About Scheduling and Running Oracle Joint Venture Management Processes

The following list describes the processes that you need to run to process joint venture transactions and distributions. The list is based on the recommended order of running the processes on a periodic basis. You can schedule processes individually or use a "process set" to set up multiple processes to run on a schedule. For more information, see Scheduled Processes.

Note: You can also run these processes on demand if you need to reprocess transactions to resolve disputes over distributed amounts or correct other issues. See Correcting Issues with Joint Venture Transactions and Distributions for some example scenarios.

Process	Description	Link to Steps
Identify Joint Venture Transactions	Uses the details in joint venture definitions, specifically the distributable segment values or the account set, to identify transactions for processing. The process excludes transactions previously identified and processed by Joint Venture Management so that they aren't processed again.	Identify Joint Venture Transactions
Identify Joint Venture Transactions - Process Ownership Definition Assignment Rules	Uses the details in ownership definition assignment rules to apply a particular ownership definition or direct billed stakeholder to a particular set of transactions for the joint venture.	Apply Ownership Definition Assignment Rules to Joint Venture Transactions
Create Joint Venture Distributions - default mode	Calculates the split of transactions and generates distribution records. It uses the details in joint venture definitions, specifically the stakeholder ownership percentages, to calculate the split and create distributions.	Create Distributions from Joint Venture Transactions
Process Joint Venture Overhead	Calculates overhead amounts based on the details specified in a "Percentage of cost" overhead method for a joint venture. The process uses amounts in distributions for a joint venture as a basis for the calculation. It generates transactions with overhead amounts, which can be viewed in the Joint Venture Source Transactions work area.	About Processing Joint Venture Overhead
Process Joint Venture Adjustments - Create Joint Venture Distribution Reversals mode	Reverses distributions in Joint Venture Management. You can choose to run the process over a specific joint venture and ownership definition. The process also includes an option to automatically redistribute the transactions after creating the reversed distributions.	Run the Adjustments Process to Create Reversed Distributions and Redistributions
Process Joint Venture Adjustments - Create Invoices for Joint Venture Distribution Reversals mode	Sends the reversed distributions to Oracle Receivables in preparation for credit memo creation. You can choose to send reversed distributions for a specific joint venture, business unit, customer, and transaction date range.	Prepare Reversed Distributions for the Creation of Credit Memos
Import AutoInvoice	Creates credit memos for reversed distributions that were sent to the Receivables Interface table.	Create Credit Memos for Joint Venture Receivables Invoices
Process Joint Venture Adjustments - Update Credit Memo Information in Distributions mode	Updates credit memo information back into Joint Venture Management.	Update Credit Memo Information in Oracle Joint Venture Management
Process Joint Venture Partner Contributions - Process Partner Contribution Requests	Processes partner contribution requests to create partner contributions.	Create Partner Contributions from Partner Contribution Requests
Process Joint Venture Partner Contributions - Create Partner Contributions	Creates partner contributions from a gross contribution amount.	Create Partner Contributions Through a Scheduled Process
Process Joint Venture Partner Contributions - Create Partner Contribution Invoices	Creates receivables invoices with partner contribution amounts created from requests.	Create Partner Contribution Invoices Through a Scheduled Process
Process Joint Venture Partner Contributions - Assign and Draw Partner Contributions	Draws from partner contributions to cover cost-related distributions associated with a joint venture and stakeholder.	Draw from Partner Contributions
Process Joint Venture Partner Contributions - Process Partner Contribution Transactions	This process is used when canceling and closing partner contributions. To cancel partner contributions, it prepares the partner contribution invoices to create credit memos. To close partner contributions, it creates payables invoices or journal entries.	Cancel a Partner Contribution That Was Invoiced Through Scheduled Processes Close a Partner Contribution by Creating a Transaction Through Scheduled Processes
Process Joint Venture Partner Contributions - Update Receivables Credit Memo Information in Contributions	Updates the credit memo number to the partner contribution.	Cancel a Partner Contribution That Was Invoiced Through Scheduled Processes
Create Joint Venture Invoices and Journal Entries - default mode	Creates receivables and payables invoices for each stakeholder's share of costs and revenue in the joint venture. It uses the distributions associated with transactions in the primary ledger to create invoices. Note: Oracle recommends that you implement a business process to help ensure that users don't make any changes to joint venture-related invoices from any application outside of Joint Venture Management.	Run the Process to Create Joint Venture Invoices
Create Joint Venture Invoices and Journal Entries - Create Internal Transfer Journals mode	Generates journal entries for all distributions associated with internal stakeholders that have a cost center associated with them.	Create Internal Transfer Journals
Create Accounting process	This process completes the accounting of internal transfer journals, after which you can post the journals and review the transactions in Subledger Accounting or in General Accounting.	Create Internal Transfer Journals
Create Joint Venture Invoices and Journal Entries - Update Accounting Status for Internal Transfer Journals mode	Updates the status of internal transfer journals to match the status in Subledger Accounting.	Create Internal Transfer Journals
Post Online Subledger Journal Entries	Posts receivables invoices to Oracle General Ledger	Post Subledger Transactions to the General Ledger
Create Joint Venture Invoices - Update Accounting in Invoices mode	Uses the unique reference of each invoice line to retrieve and update the accounting information from General Ledger to the joint venture distributions.	Update Accounting Information for Posted Joint Venture Invoices
Create Joint Venture Distributions – Create Project Costing Adjustments mode	For an integration with Oracle Project Costing. Creates cost adjustments from project-related distributions and copies the adjustments to a staging table for importing into Project Costing.	Create Cost Adjustments
Import Costs	For an integration with Project Costing. This is the same process a project accountant uses to import original costs from subledger accounting into Project Costing. When run with Joint Venture Management as the transaction source, this process imports cost adjustments from distributions in Joint Venture Management to Project Costing.	Import Cost Adjustments into Oracle Project Costing
Create Joint Venture Distributions – Update Project Costing Status mode	Checks for cost adjustments imported into Project Costing and changes the status of their associated distributions in Joint Venture Management to "Process complete."	Update Oracle Project Costing Status to "Process complete" for Processed Distributions
Create Joint Venture Distributions – Export Data for Audit Report	Creates audit reports for joint venture costs, expenses, and other transactions along with information about the original transaction.	Create Audit Reports for Joint Ventures
Process to create index definition and perform initial ingest to OSCS	Creates index definition and loads joint venture data in joint venture distributions and invoices work areas.	Setup to Display Joint Venture Transactions, Distributions, and Invoices
Create Joint Venture Distributions process with the option to create carried interest distributions enabled	Creates carried interest distributions for transactions that were processed according to a carried interest agreement. Carried interest distributions enable you to track the amounts that consenting partners carry for nonconsenting partners.	Create Carried Interest Distributions
Submit Joint Interest Billing Report	Generates and delivers the joint interest billing reports to stakeholders based on the template, output format, and instructions that you specified in BI Publisher and Joint Venture Management.	Generate a Joint Interest Billing Report