Run the Identify Joint Venture Transactions process in the Process Ownership
Definition Assignment Rules mode to apply assignment rules to transactions identified in a
prior run.
Use this option when the process was previously run to only identify joint venture
transactions and not assign an ownership definition or stakeholder to the
transactions. In this scenario, the prior run of the Identify Joint Venture
Transactions process must have been run in the default mode, with the "Bypass
Default Ownership Definition Assignment" setting set to Yes. You can also run this
process over joint ventures that aren't set up with a default ownership
definition.
You can run the processes to identify transactions and apply assignment rules
separately for troubleshooting purposes. This enables you to review transactions in
the Joint Venture Transactions work area before and after applying assignment rules
to the transactions.
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Access the Identify Joint Venture Transactions process.
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For the Processing Mode, select Process Ownership Definition Assignment Rules.
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Complete the following fields to identify the transactions to process:
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Legal Entity. Use this field to process transactions for joint
ventures that are associated with a particular legal entity. Leave
it blank to run the process over all your joint ventures.
Caution: The drop-down list includes
all legal entities that are associated with joint ventures; this can
include legal entities that you don't have access to. If you select
a legal entity that you don’t have access to, no records will be
processed.
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Joint Venture. Select a particular joint venture or leave this field
blank if you want the process to apply assignment rules to
transactions for all your joint ventures. Only joint ventures in
Active status will be processed.
If you selected a legal entity, the drop-down list includes only the
joint ventures associated with the selected legal entity. Click
Select More…to select multiple joint ventures for processing.
Note: If you need to select a legal entity or
change the one you selected, you must first clear the joint venture
selections.
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Ledger. Use this field only if you want the process to apply
assignment rules to transactions in a ledger other than the primary
ledger of the joint venture. When blank, the primary ledger
associated with the business unit of the joint venture will be
used.
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Period. Use this field to apply assignment rules to transactions in a
particular period. If you leave this blank, the earliest open period
for the ledger will be used.
The period is also compared to the effective date range in assignment
rules to determine which assignment rules will be used. Only
assignment rules with effective dates that overlap with dates for
the period will be processed.
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For Bypass Default Ownership Definition Assignment:
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Select No if you want the process to assign the default
ownership definition defined in the joint venture definition to any
transactions not assigned with an assignment rule.
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Select Yes to ignore the default ownership definition defined
in the joint venture definition.
After running this process, it's possible for transactions to not
have an ownership definition or direct billed stakeholder assigned
to them in the Joint Venture Transactions work area. They can't be
processed to create distributions. You can manually assign an
ownership definition or direct billed stakeholder to these
transactions in the Joint Venture Transactions work area. Or you can
edit the assignment rules if necessary and rerun this process to
create the proper assignments.
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Click Submit.
Back on the Scheduled Processes Overview page, you can view a list of
submitted processes and their statuses.
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After the process completes, you can click the log file in the Log and Output
section to view the details about the process.