Specify a Receivable Account for Joint Venture Receivables Invoices

There are three different methods for specifying the receivable account for your joint venture receivable invoices:

• AutoAccounting rules

  Use AutoAccounting rules to define a default receivable account for the business units of your joint ventures. See Derive a Default Receivable Account Using AutoAccounting Rules for more information.

• The joint venture definition

  A receivable account defined in the joint venture definition will override the default receivable account set up in AutoAccounting rules.

• Subledger accounting rules

  Use this method if the other two methods don’t meet your business needs. This setup acts as an override to both the preceding options. See Define a Receivable Account Using Subledger Accounting Rules for more information.

To specify a receivable account override for a joint venture:

1. On the Billing and reporting information page for your joint venture definition, complete the Receivable Account field using any of the following methods:

   • Place your cursor in this field to select each segment value to identify the account.

   • Click the search icon in this field and use the filters to identify the segment values.

2. Click Save or Continue as needed.