Run the Process to Draw from Partner Contributions

From the Home page, select Joint Venture Management, and then select Process Joint Venture Partner Contributions from the Quick Actions list.

For the Processing Mode, select Assign and Draw Partner Contributions.

To process distributions for a particular joint venture or stakeholder, complete these fields:

Joint Venture. Select a joint venture or leave this field blank to run this process over all joint ventures. Only joint ventures in Active status are eligible for processing.
Stakeholder. Select a stakeholder or leave this field blank to run the process over all stakeholders that have partner contributions associated with them. Only partner contributions in Available to Draw status are eligible for processing.

Only the joint ventures you're authorized to manage through data security will be processed.

Use the Process By drop-down list to process distributions by period or accounting date.

If you select Period (recommended), then select the period in the field provided.
If you select Accounting Date, use these fields to enter a date range:
- From Date. If you complete this field and leave the To Date field blank, the process will select all distributions that have the accounting date starting from the date you specified to the current date.
- To Date. If you complete this field and leave the From Date field blank, the process will select all distributions that have the accounting date before and on the date you specified.

If you select Period or Accounting Date in the drop-down list but don’t specify a period or a date range, the process will select all distributions that have an accounting date corresponding with the earliest open period.

If you leave the Process By field blank, the process will select all distributions that are available to process.

Note: Only distributions in the specified period or within the date range will be processed.

To include distributions with a credit amount in the processing of partner contributions, complete these fields:

Process Credit Distributions. Use the default value Yes to include distributions with a credit balance when processing partner contributions. If stakeholder distributions have a credit amount, the process will add the amount to the open amount of the stakeholder's partner contribution. Select No to not process credit distributions.

Note: This option applies only to distributions generated from transactions with a credit amount. It doesn’t apply to distributions with a credit that were generated from the reversal of distributions with a debit in Joint Venture Management.
Allow Open Amount to Exceed Contribution Amount. This option only applies if you selected the preceding option to process credit distributions. Use the default value Yes to add the credit amount to the stakeholder’s partner contribution, even if the open amount will exceed the contribution amount.

If you select No, the credit distribution won’t be processed if the partner contribution open amount will exceed the contribution amount when the credit amount is added. However, if there’s another partner contribution available for the stakeholder with a suitable open amount, the process will process the credit distribution and add the credit amount to this partner contribution.

Click Submit.

When the process completes, click OK in the confirmation.

Click the log file in the Log and Output section to view the details about the draw, including:

The open amount before the draw.
The contribution amounts applied to distributions.
Other details, including information about any issues the process might have encountered.