1. Implementing Joint Venture Management
  2. Set Up the Joint Ventures Subledger for Internal Transfer Journals

Set Up the Joint Ventures Subledger for Internal Transfer Journals

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

  • Internal transfer journals for stakeholder cost distributions
  • Internal transfer journals for stakeholder revenue distributions

This setup enables the creation of internal transfer journals for stakeholders set up with the “Create journals” option.

Note:

You can skip this configuration if you don’t plan on creating internal transfer journals for stakeholders. See Set Up Stakeholders for more information.