Derive Partner Contribution Accounts for Partner Contribution Invoices

If you’re managing partner contributions in Joint Venture Management, here are your options for defining partner contribution accounts for partner contribution invoices.

Partner Contribution Account Option	Business Purpose	Implementation Action
Use the account on partner contribution.	Use this option if you want to maintain the balance of the partner contribution in the partner contribution account.	Joint venture accountants specify the partner contribution account when they set up partner contributions. The account contains amounts that will be or have been prepaid by one or more partners. The balance of this account represents the amount that can be drawn against for costs incurred by the joint venture. See About Joint Venture Partner Contributions for more information.
Use a different account than the account on the partner contribution.	This option provides the flexibility to use subledger accounting rules to determine the account.	Set up subledger accounting rules to override the account with a different account.

Partner Contribution Account Option

Business Purpose

Implementation Action

Use the account on partner contribution.

Use this option if you want to maintain the balance of the partner contribution in the partner contribution account.

Joint venture accountants specify the partner contribution account when they set up partner contributions. The account contains amounts that will be or have been prepaid by one or more partners. The balance of this account represents the amount that can be drawn against for costs incurred by the joint venture. See About Joint Venture Partner Contributions for more information.

Use a different account than the account on the partner contribution.

This option provides the flexibility to use subledger accounting rules to determine the account.

Set up subledger accounting rules to override the account with a different account.