1. Using Joint Venture Management
  2. Update the Accounting Status of Operational Measures

Update the Accounting Status of Operational Measures

After the accounting of statistical journal entries completes, joint venture accountants can run a process that updates the status of the accounting header to match the status of the accounting event in Subledger Accounting.

  1. From the Home page, select Joint Venture Management, and then select Create Joint Venture Invoices and Journal Entries from the Quick Actions list.
  2. For the Processing Mode, select Update Accounting Status for Journals.
  3. In the Joint Venture field, select a particular joint venture or leave it blank to run the process over all your joint ventures. The process selects only those joint ventures at an Active status.
  4. Click Submit.
  5. When the process completes, access the report to view all documents in which the status was changed.