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.
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