Create Distributions from Joint Venture Transactions

Run the process to create distributions from transactions identified for distribution by Oracle Joint Venture Management. Only joint venture transactions in Available to Process status are recognized by this process. If a transaction or the stakeholder has been set to “Distribution Only,” the distribution will be set as “Distribution Only” with a status of Process Complete.

1. From the Home page, select Joint Venture Management, and then from the Quick Actions list, select Create Joint Venture Distributions.
2. For the Processing Mode, make sure that the Create Joint Venture Distributions default mode is selected.
3. Use the following fields to determine the transactions to process, or leave them blank if you want to run the process over all your joint ventures:

   • Legal Entity. Use this field to process transactions for joint ventures that are associated with a particular legal entity.

     Caution: The drop-down list includes all legal entities that are associated with joint ventures; this can include legal entities that you don't have access to. If you select a legal entity that you don’t have access to, no records will be processed.

   • Joint Venture. Select a particular joint venture or click Select More to select multiple joint ventures. If you selected a legal entity, the drop-down list includes only the joint ventures associated with the legal entity.

     Only joint ventures in Active status will be processed.

4. Use the Ledger field only if you want the process to distribute the 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.
5. Use the Process By drop-down list to process transactions by period or accounting date.

   • If you select Period, then select the period in the field provided.

   • If you select Accounting Date, use these fields to enter a date range:

     • From Date. If you complete this field and leave the To Date field blank, the process will select all transactions that have the accounting date starting from the date you specified to the current date.
     • To Date. If you complete this field and leave the From Date field blank, the process will select all transactions that have the accounting date before and on the date you specified.

   Note: Only transactions with an accounting date in the specified period or within the date range will be processed.

   If you select Period or Accounting Date in the drop-down list but don’t specify a period or a date range, the process will select transactions that have an accounting date corresponding with the earliest open period.

   If you leave the Process By field blank, the process will select all transactions that are available for processing.

6. For the Distribution Process Type, select Distributions.

   The other options are applicable only to creating distributions based on a carried interest agreement. See Create Carried Interest Distributions.

7. Click Submit.
   After the process completes, you can review the processing details in a report. To access the report, click the Process Details tab, select the “…more” link next to Attachment, and then click the .txt file.