Identify Distributable Transactions by Project Information
The accounts identified as distributable for a joint venture can contain transactions related to various projects.
After you identify distributable accounts in a joint venture definition, you can also enter project details to identify certain project-related transactions for distribution, and not others. You need this additional level of refinement if the accounts that you’ve identified as distributable for a joint venture contain project-related transactions that you don’t want distributed.
You can identify distributable transactions by project information in one of two ways:
- Create a project set and then assign it to the joint venture definition.
(Recommended)
Project sets provide an efficient and flexible method for identifying distributable transactions. In a project set, you can enter filter criteria to identify a range of project values including project numbers, task numbers, expenditure types, and expenditure organizations.
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Identify individual project values in the joint venture definition.
On the Distributable Project Values page in a joint venture definition, you can create distributable project value rules. With this method, you must set up a distributable project value rule to identify each project value, which is more tedious. You might want to use this method if you only have a few projects, but regardless, you're highly encouraged to use a project set instead.