You can configure your joint ventures to automatically exclude transactions that
originate from specific subledgers.
For example, if the joint operating agreement states that
transactions from Fixed Assets shouldn’t be billed to partners, you can exclude this
subledger in the joint venture definition. As a result, all fixed asset transactions are
excluded from joint venture processing, even if their accounts are otherwise
distributable. This streamlines the exclusion of transactions and eliminates the need
for manual deletions.
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On the Account information page for the joint venture definition, select the
Subledgers to Exclude tab.
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Select Add, and then click in the first column in the row and select the
subledger that you want to exclude.
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Select Apply on the row you added.
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Add additional subledgers to exclude as needed.
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Select Save.
The application displays the description associated with the subledger.