After the accounting of statistical journal entries completes, joint venture
accountants can run a process that updates the status of the accounting header to match the
status of the accounting event in Subledger Accounting.
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From the Home page, select Joint Venture Management, and then select Create
Joint Venture Invoices and Journal Entries from the Quick Actions list.
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For the Processing Mode, select Update Accounting Status for Journals.
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Use the Legal Entity field to run the process over the 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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In the Joint Venture field, select a particular joint venture or leave it blank
to run the process over all your joint ventures. The process selects only those
joint ventures in Active status. If you selected a legal entity, the drop-down
list includes only the joint ventures associated with the 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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Click Submit.
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When the process completes, access the report to view all documents in which
the status was changed.