Create an Account Set for an Ownership Definition Assignment Rule

Create an account set for an ownership definition assignment rule to identify the transactions to which you want to assign an ownership definition or direct billed stakeholder.

In an account set for an ownership definition assignment rule, you have the following options for the setup:

Select a joint venture and the ledger associated with the joint venture.
This enables you to set up an account set to use with a specific joint venture. In this scenario, the primary segment values that you specified in the joint venture are appended automatically to the filter criteria.
Select a ledger without specifying a joint venture.
This enables you to assign the same account set to more than one assignment rule. In this scenario, you can set up an account set to identify the same categories of accounts that exist under different primary segments. Remember that the primary segment values identified in a joint venture definition are unique to the joint venture. To identify accounts to apply the assignment rule to, Oracle Joint Venture Management uses account combinations built from the primary segment values in each joint venture definition and the accounts identified in the account set. This helps ensure that the transactions identified for processing by Joint Venture Management are specific to a particular joint venture.

After you set up the account set, you need to activate it and assign it to an ownership definition assignment rule.

To create an account set for an ownership definition assignment rule:

Navigate to Setup and Maintenance and select the Joint Venture Management functional area under the Financials offering.
Select the Manage Joint Venture Account Sets task.
On Account Sets, click Add.
Or click Manage in Excel and use the spreadsheet to add multiple account sets. The spreadsheet contains instructions on how to complete the columns, which reflect the fields in the user interface and include a list of values for fields when applicable.
On New Account Set, complete the basic details for the account set.
1. Enter a name and description.
2. Select a ledger using one of these options:
  - Specify a joint venture and then click the “Use Joint Venture Ledger” checkbox to automatically select the ledger of the joint venture.
  - Specify a ledger without specifying a joint venture.
    When you assign this type of account set to an ownership definition assignment rule, the COA for the ledger specified here must match the COA for the primary ledger of the joint venture that's associated with the ownership definition assignment rule.
    Ignore the “Include Primary Segment Values” option. This option is applicable only to setting up an account set for an overhead method.
3. Click Create and then proceed to add filter sets and filters to the account set.
To add a filter set to an account set, complete these steps:
1. Open the account set from the Account Sets page.
2. Click Create Filter Set and give it a name and description.
  Important:
  Filter set names must be unique across all account sets.
3. Click Create.
To add filters to a filter set, complete these steps:
1. Click Add Filter and in the row that appears, enter the following details:
  - Filter Set. Select the filter set that you created.
  - Segment. Select from a list of segments in the ledger.
  - Operator. Select Is, Is Not, or Between.
  - Enter a value or a range of values according to the selected operator.
2. Click Submit at the end of the filter row.
Continue to add filters and filter sets as needed.

Your changes are saved automatically.
When complete, click Go back.