Hierarchy
SAP_ABA (Software Component) Cross-Application Component⤷
CA-GTF-GL (Application Component) Cross-Application Services General Ledger⤷
BGL (Package) Cross-application objects FI-GL/FI-SL
Basic Data
| Data Element | JV_NAME |
| Short Description | Joint venture |
Data Type
| Category of Dictionary Type | D | Domain |
| Type of Object Referenced | No Information | |
| Domain / Name of Reference Type | JV_NAME | |
| Data Type | CHAR | Character String |
| Length | 6 | |
| Decimal Places | 0 | |
| Output Length | 6 | |
| Value Table | T8JV |
Further Characteristics
| Search Help: Name | ||
| Search Help: Parameters | ||
| Parameter ID | JVV | |
| Default Component name | VENTURE | |
| Change document | ||
| No Input History | ||
| Basic direction is set to LTR | ||
| No BIDI Filtering |
Field Label
| Length | Field Label | |
| Short | 10 | Venture |
| Medium | 15 | Joint venture |
| Long | 20 | Joint venture |
| Heading | 6 | JV |
Documentation
Definition
A joint venture in the SAP System is a summarization of cost objects whose costs are split up among partners.
A joint venture is usually lead by an operating authority, who is responsible for the costs incurred. At the end of a period, all of the costs incurred are split up and allocated to the partners involved.
Joint ventures are created to keep costs as low as possible for the operating authority and the partners. This is achieved by distributing the costs incurred to the participants of the joint venture.
Example
In the oil industry, new drill-holes are seldomly controlled by the oil companies alone. Instead, contracts are made with other companies. The contract regulates the costs incurred. This enables the risks involved with an unsuccessful drill-hole to be spread out over several companies.
Of course, the anticipated profits (from a rich drill-hole) are also distributed to the partners involved. However, the distribution of the profits is not carried out by the SAP Joint Venture Accounting solution.
Supplementary Documentation - JV_NAME 0001
Note
Field changes
This field can be changed each period.
Time dependency
This field is always maintained as time-dependent. You can enter different field contents for each interval.
History
| Last changed by/on | SAP | 19981210 |
| SAP Release Created in |
