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 for Journals.
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Use the following fields to determine the journals to process, or leave them
blank if you want to process journals for all your joint ventures:
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Legal Entity. Use this field to process journals for joint ventures
that are associated with a particular legal entity.
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 click Select More
to select multiple joint ventures. If you selected a legal entity,
the drop-down list includes only the joint ventures associated with
the legal entity.
Only joint ventures in Active status will be processed.
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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.