Partner Contributions for Selected Joint Ventures and Legal Entity

Select multiple joint ventures or a legal entity when running the processes for joint venture partner contributions.

The Legal Entity field has been added in these modes of the Process Joint Venture Partner Contributions job: 

• Process Partner Contribution Requests 
• Create Partner Contributions 
• Create Partner Contribution Invoices 
• Assign and Draw Partner Contributions 
• Process Partner Contribution Transactions 
• Update Accounting for Contribution Journals

Legal Entity parameter for the Process Joint Venture Partner Contributions job

The joint venture accountant can select either a single joint venture or multiple joint ventures in the modes "Create Partner Contribution Invoices" and "Process Partner Contribution Transactions.”

Select multiple joint ventures to process partner contributions

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 or all joint ventures when submitting the process. They can also process joint venture partner contributions 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