Update Oracle Project Costing Status to "Process complete" for Processed Distributions

Joint venture accountants can run the process to update the project costing status to "Process complete" for processed distributions.

The process first checks for distributions that have a Project Costing status of "In progress” in Oracle Joint Venture Management. If project expenditure items have been created for the cost adjustments in Project Costing, it changes the Distribution Project Costing Status to "Process complete."

1. From the Home page, select Joint Venture Management, and then select Create Joint Venture Distributions from the Quick Actions list.

2. On Process Details, determine when you want to run the process:

   • As soon as possible. This is the default.

   • On a schedule. Click Advanced to set up a schedule for running the process.

     In the Advanced Options, you can create a schedule and set up a notification so you or another user are notified about the process.

3. For the Processing Mode, select Update Project Costing Status.

4. Click Submit.