Use Distributable Segment Values to Identify Distributable Accounts

You can use distributable segment values instead of an account set to identify the distributable accounts for a joint venture. Use this method if you only have a few accounts to identify as distributable for a joint venture.

Note: You can use distributable segment values or an account set (recommended), but you can't use both.

Based on the primary ledger of the business unit selected for the joint venture, the Distributable Segments tab automatically displays the segments defined in the chart of accounts instance. From this list, you select only the segments needed to identify distributable accounts for the joint venture. The primary segment is selected by default because it’s the key to identifying financial transactions for all your joint ventures. All transactions are associated with a primary segment. You must select at least one other segment in addition to the primary segment. You can then define the distributable segment values in the Primary Segment Values tab.

Tip: If all accounts associated with a specific primary segment value are distributable, you can leave the other segment values blank. If you have a combination of distributable and nondistributable accounts with the same primary segment value, you must identify each distributable account in the joint venture definition. You can also use the % wildcard to designate all accounts that contain the combination when identifying the distributable accounts in a segment.

About Account Combinations in Oracle Fusion Cloud Financials

In Oracle Financials, an account is identified by a completed set of segment values referred to as an account combination. This account combination uniquely identifies an account in a chart of accounts (COA). Here are some examples of account combinations:

• 01-100-1420-003
• 02-100-1420-005
• 01-100-1420-002
• 02-100-1420-004

One of the values in an account combination is the primary segment value. The primary segment value is the key value for identifying distributable accounts for a joint venture. This value is what differentiates transactions from one joint venture to the next. Distributable accounts for a joint venture might be represented by more than one primary segment value, but a primary segment value is unique to a joint venture. You can’t use the same primary segment value to identify distributable accounts for more than one joint venture.

The other values in an account combination represent accounts in one or more segments, such as an account in Payables for managing a certain category of expenses.