Accounting for Multiple Partner Contributions in Stakeholder Billing

Generate separate accounting entries when billing stakeholders, if the bill includes distributions funded by partner contributions with different accounts. 

A Receivables invoice from Joint Venture Management showing separate partner contribution lines – Invoice Lines section.

The Distributions section of the invoice shows the partner contribution lines by account.

Business Benefit: 

Supports accurate and auditable financial reporting for stakeholder billings that involve funding from multiple partner contributions, improving compliance and financial transparency. 

Steps to enable and configure

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

The privileges required for access are Manage Partner Contributions and Create Joint Venture Accounts Receivable Invoices, which are included as part of the Joint Venture Accountant role.