Automatic Invoicing of Manual Partner Contributions

Automatically generate a Receivables invoice for a partner contribution that you manually created using the Partner Contributions application or the Manage Partner Contributions spreadsheet. When creating the partner contribution, you have the option to set the status as “Ready to Invoice.” Partner contributions in this status are now included for processing when you run the “Joint Venture Partner Contributions - Create Partner Contribution Invoices” process to generate Receivables invoices for partner contributions.

Additionally, you can now use the Partner Contributions application to associate a manual Receivables invoice or a General Ledger journal entry with not only a manually created partner contribution, but also with a partner contribution that was created automatically using either of these modes of the Process Joint Venture Partner Contributions process: Process Partner Contribution Requests, Create Partner Contributions.

Business Benefits:

• Helps save time and reduce manual entry errors.
• Ensures consistency in the functionality of partner contributions regardless of their origin.

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