Manual Joint Venture Source Transactions

Manually create joint venture source transactions in Joint Venture Management. The managing partner can distribute to partners any transaction amounts that cannot be calculated by standard joint venture processes. These include drawing from partner contributions, billing stakeholders for costs, and paying stakeholders for revenue generated by the joint venture.

Business benefits include:

• Creating joint venture source transactions helps reduce errors associated with the creation of manual journal entries that cannot be processed by Joint Venture Management.

• Ensures the integrity of joint venture data for audit purposes.

Steps to Enable

You don't need to do anything to enable this feature.

Key Resources

• For more information, refer to
  • Implementing Joint Venture Management guide and
  • Using Joint Venture Management guide.

• Watch Manual Joint Venture Source Transactions Readiness Training.

Access Requirements

• Joint Venture Application Administrator
• Joint Venture Accountant
• Joint Venture Accounting Manager