Joint Venture Distribution Processing by Accounting Period or Accounting Date Range

Create joint venture distributions for transactions posted in a specific accounting period or a range of accounting dates. Only transactions posted in the specified period or within the range of dates are processed.

In the Create Joint Venture Distribution process modes - Create Joint Venture Distributions, Create Project Costing Adjustments, and Export Data for Audit Report - use the Process By parameter to specify whether to select transactions and distributions for processing by accounting period or accounting dates.

Process options for the Create Joint Venture Distributions process

Process options for the Create Joint Venture Distributions process

Business Benefit:

This gives managing partners the flexibility to process transactions 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