Partner Contribution Draws by Accounting Period or Accounting Date Range

Draw from partner contributions to pay the amounts in stakeholder distributions associated with transactions posted in a specific accounting period or a range of accounting dates. Only distributions for transactions posted in the specified period or within the range of dates are processed.

In the Process Joint Venture Partner Contributions process, select Assign and Draw Partner Contributions in the Processing Mode parameter and select either Accounting Date or Period in the Process By parameter.

Process options for the Process Joint Venture Partner Contributions job for the mode Assign and Draw Partner Contributions

Business Benefit:

This gives managing partners the flexibility to draw on partner contributions for distributions for a particular accounting period or range of accounting dates.

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

Access Requirements

• Joint Venture Accountant