Exclude Joint Venture Invoices and Journals from Oracle Joint Venture Management Processing

On the “Account information” page, click the “Exclude joint venture transactions” check box to exclude invoice and journal transactions generated by Joint Venture Management from being identified for distribution again.

This setup provides the following benefits:

• Enables invoices and journal entries generated from distributed joint venture transactions to be posted to the same accounts as the original transactions.
• Prevents joint venture invoices and journal entries from being identified for processing by the Identify Joint Venture Transactions process.
• Precludes you from having to create a separate account and subledger accounting rules to capture the amounts billed to stakeholders as described in these topics:
  • Set Up Partner Accounts for Joint Venture Receivables Invoices
  • Set Up Partner Accounts for Joint Venture Payables Invoices