Identify Joint Venture Transactions

Schedule or manually run the Identify Joint Venture Transactions process to identify transactions for one or more joint ventures in Oracle Fusion Cloud Financials. Only joint venture definitions in Active status are recognized by this process.

Note: Transactions from account types other than Assets, Expense, and Revenue are identified by the process as "Distribution Only," which means that they can be distributed but not invoiced.

Follow these steps if you're processing joint venture definitions set up with default ownership definitions and NOT ownership definition assignment rules. If you set up ownership definition assignment rules, see Apply Ownership Definition Assignment Rules to Joint Venture Transactions.

1. From the Home page, select Joint Venture Management, and then from the Quick Actions list, select Identify Joint Venture Transactions.
   Note: If there isn't a Quick Actions list, ask your application implementation consultant to change the home page to the "News feed" theme to display it. See Overview of Configuring Themes and Home Page Settings for more information. Otherwise, you can use Scheduled Processes to search for and run the Identify Joint Venture Transactions process.
2. In the Basic Options Parameters section, complete the following fields:

   • Processing Mode. Make sure that the Identify Joint Venture Transactions default mode is selected.

   • Joint Venture. Select a particular joint venture or leave this field blank if you want the process to identify transactions for all joint ventures. Only joint ventures in Active status will be processed.

     This drop-down list displays only the joint ventures associated with the business units you're authorized to manage.

   • Ledger. Use this field only if you want the process to identify transactions in a ledger other than the primary ledger of the joint venture. If you leave it blank, the primary ledger associated with the business unit of the joint venture will be used.

     Note: Transactions identified from a ledger other than the primary ledger of the joint venture are available for distribution. However, distributions generated from these transactions aren't available for invoicing or journal entries. Their status is set to Process Complete.

   • Period. Use this field to identify transactions for a particular period. If you leave this blank, the earliest open period for the ledger will be used.

   • Transaction Source. Specify the source of the transactions that you want the process to identify: Subledger and General Ledger or Joint Venture Source Transactions.

   Note: The Process Ownership Definition Assignment Rules and Bypass Default Ownership Definition Assignment options apply only to processing ownership definition assignment rules.

3. Click Submit.

4. Back on the Scheduled Processes Overview page, you can view a list of submitted processes and their statuses. Click a process in the table to view more details about the process.