1. Implementing Joint Venture Management
  2. Set Up the Joint Ventures Subledger for Carried Interest Journals

Set Up the Joint Ventures Subledger for Carried Interest Journals

Set up the Joint Ventures subledger to support the creation of the following journal entries:

  • Carried interest journals for costs
  • Carried interest journals for revenue

This setup enables the creation of carried interest journals for consenting stakeholders that are carrying costs and revenue for nonconsenting stakeholders in a carried interest agreement. The creation of carried interest journals for consenting stakeholders is an optional configuration that joint venture accountants can choose to enable for a consenting stakeholder when setting up a carried interest agreement in Oracle Joint Venture Management. For more information about setting up a carried interest agreement, see About Carried Interest Agreements and the Tracking of Carried Interest.