Set Up Subledger Accounting Rules for Stakeholder Reporting Balancing Entries

If you aren’t processing all accounts in Joint Venture Management, then stakeholder reporting journals posted to the stakeholder reporting ledger might not balance.

To ensure that the entries balance, set up subledger accounting rules to create balancing entries for your stakeholder reporting journals.

1. Create an account rule for the stakeholder segment and configure it with a Constant rule with a value of 0.

   Caution: In the setup of your chart of accounts for the stakeholder reporting ledger, make sure that you’ve added a 0 value to the value set for the stakeholder segment.

   The following image shows an account rule named SH Reporting Empty Stakeholder in the Edit Account Rule application. The Rules section contains a record with a Constant value type and 0 selected for the value.

   
2. Create a copy of the Stakeholder Reporting predefined journal line rule that’s used in your journal entry rule set and change the Side field from Debit to Credit.
3. Add the new journal line rule for the credit entry to your journal entry rule set.
4. Define the sources for each segment in the journal line rule. For the stakeholder segment, select the account rule that you set up with the 0 constant.

The following image shows an example of a journal entry rule set configured with two journal line rules. The debit line is for stakeholder reporting journal entries and the credit line is for balancing entries for the journals. The credit line has identical segment mappings except for the stakeholder reporting segment, which uses the account rule set up with the constant.