How Oracle Joint Venture Management Processes Joint Venture Definitions with Project Information

It’s important to understand how the Identify Joint Venture Transactions process uses the criteria in a joint venture definition to identify transactions for distribution. This helps to ensure that you properly set up a joint venture definition to process project-related transactions as you intended.

The process first uses the distributable account information in a joint venture definition, defined either through an account set or distributable segment values, to identify all transactions for a joint venture. This includes all project-related transactions within the distributable accounts. It initially sets all identified transactions to the Available to Process status.

Next, the process checks for project information in the joint venture definition. If the project details exist, project-related transactions that match the project information defined in the joint venture definition remain in the Available to Process status. All other project related transactions that don’t match the project criteria are set to the Not Distributable status.

In the Joint Venture Transactions work area, you can review all transactions identified by the Identify Joint Venture Transactions process, including project-related transactions. You can override the status of these transactions in the work area as needed.

You can also have a joint venture application administrator configure Joint Venture Management to exclude project-related transactions identified as “Not Distributable.”