Derive Stakeholder Accounts for Revenue Amounts

Similar to how you derive stakeholder accounts for recording cost amounts in internal transfer journals, you must derive stakeholder accounts for recording revenue amounts. Lines within internal transfer journals for revenue are entered as a credit to these accounts.

For this configuration, you must copy and rename the provided Revenue Transfer journal entry rule set. This rule set includes the Stakeholder Cost Center account rule to retrieve the stakeholder’s cost center from the stakeholder. The account rule requires no additional configuration.

To copy and rename the provided Revenue Transfer journal entry rule set:

1. In the Joint Venture Management functional area in Setup and Maintenance, select Show – All Tasks and then click the Manage Journal Entry Rule Sets task.
2. Select the Revenue Transfer journal entry rule set and then click Duplicate to create your own copy.