Create and Post Stakeholder Reporting Journals

Create and post stakeholder reporting journals to stakeholder reporting ledgers in the general ledger.

The following table describes the processes to create and post stakeholder reporting journals and describes the results of running each process. You can run these processes as part of your month-end or period-close activities.

Caution: You run these processes AFTER you process joint venture transactions through Joint Venture Management and create accounting for invoices and internal transfer journals.

Process	Results
Identify Joint Venture Transactions	This process identifies the following joint venture transactions processed by or created from Joint Venture Management: Transactions for the accounting of invoices and internal transfer journals created from joint venture distributions. Partner contribution invoices. Credit memos for canceled invoice amounts. Follow-on transactions including receipts for payments received from stakeholders and payments made against accounts payable invoices to pay stakeholders for their share of revenue. In the Joint Venture Transactions work area, you can identify these transactions by the following attributes: Created by Joint Venture Distribution Only
Create Joint Venture Distributions	This process creates a distribution for each transaction identified by the preceding process.
Create Joint Venture Invoices and Journal Entries, run in the “Create Stakeholder Reporting Journals” process mode	This process creates stakeholder reporting journals for distributions whose stakeholder reporting status is Available to Process. After the process is run, the stakeholder reporting status changes to Accounting in Progress.
Create Accounting for Joint Ventures process, run with “Stakeholder Reporting” for the process category.	This creates accounting entries for stakeholder reporting journals in the stakeholder reporting ledger.
“Update Accounting for Journals” process mode in the Create Joint Venture Invoices and Journal Entries process	This process updates the stakeholder reporting status of distributions to Process Complete and updates the accounting header on the distribution details page to Final Accounted.

In the Joint Venture Distributions work area, you can find stakeholder reporting information for processed distributions on the distribution details page. The “Stakeholder reporting book information” on this page shows the stakeholder reporting ledger, header ID, date, and status.