Invoicing Currency

By default, the process creates invoices in the primary ledger currency of the business unit associated with the joint venture.

When a joint venture involves partners from different countries, the partners might request invoices in their currencies. In this case, the managing partner can specify the overriding invoice currency at the invoicing partner or stakeholder level. When the Create Joint Venture Invoices and Journal Entries process is run, it will then generate invoices for stakeholders in the overriding invoice currencies.