About Joint Venture Partner Contributions

A managing partner of a joint venture can periodically request contributions from joint venture partners to raise funds for specific expenditures. These requests for contributions, sometimes referred to as cash calls, are created and managed as “partner contributions” in Oracle Joint Venture Management.

Use Joint Venture Management to automatically create partner contributions, generate invoices for the contribution amounts, and draw from partner contributions to cover a partner’s share of costs in a joint venture. Additionally, you can perform the following tasks:

• Replenish partner contributions.

• Reserve partner contributions for specific costs using account sets and project sets.

• Track, cancel, transfer, and close partner contributions.

• Reverse partner contribution draws.

• Add agreement default charges, as stipulated by the terms in a joint operating agreement, when closing partner contributions.

• Place partner contributions on hold for a particular circumstance, for example if you're renegotiating terms for a stakeholder’s participation in a joint venture.

• Add stakeholders' revenue distributions and credit cost distributions to partner contributions.

• Add attachments to partner contributions as needed, such as supporting documents about changes in joint operating agreements.