Joint Ventures Distributions for Selected Joint Ventures and Legal Entity

Select multiple joint ventures or a legal entity when running the process to create joint venture distributions or export data for audit reports.

The Legal Entity field has been added in the "Create Joint Venture Distributions" and Export Data for Audit Report" modes of the process.

Legal Entity parameter for the Create Joint Venture Distributions process

Users can select either a single joint venture or multiple joint ventures to create joint venture distributions or generate an audit report.

Select multiple joint ventures to process distributions

They can also process all joint venture distributions belonging to a specific legal entity by providing its value.

Business Benefit:

The joint venture accountant now has more control over which joint ventures are processed at the same time. They are no longer required to process a single joint venture or all joint ventures when submitting the process. They can also process joint venture distributions based on the legal entity associated with the joint venture.

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