Hierarchy
EA-FIN (Software Component) EA-FIN⤷
CA-JVA (Application Component) Joint Venture und Production Sharing Accounting⤷
GJV2 (Package) Joint Venture Development
IMG Activity
| ID | SIMG_PRO_0009 | Other JV Postings |
| Transaction Code | S_KK4_66000025 | IMG activity: SIMG_PRO_0009 |
| Created on | 19990917 | |
| Customizing Attributes | SIMG_PRO_0009 | Other JV Postings |
| Customizing Activity | SIMG_PRO_0009 | Other JV Postings |
Document
| Document Class | SIMG | Hypertext: Object Class - Class to which a document belongs. |
| Document Name | SIMG_PRO_0009 |
In addition to cost calculations, certain JVA processes produce automatic postings for the following conditions:
- Goods receipt before invoice receipt
- Interventure transfers when balance books by ventures is used
- Tax postings produced by Cutback
- Net Profit Interest expense and revenue postings
- Splitting of documents for non-operated billing
- Foreign currency exchanges
In this step of configuring JVA for your company, you should specify posting keys and accounts for these processes if they are relevant to your company.
Example
Requirements
Before defining posting parameters for the automatic postings that may be produced by JVA processes, you must fully configure FI for your company. In particular, posting keys and G/L accounts must be created in FI for all relevant JVA postings.
Standard settings
The relevance of these automatic postings is largely determined by the company's region.
International region companies deal with foreign currency exchanges, manage ventures by balanced books, and maintain separate bank accounts for different ventures. As a result, international region companies will generally need to specify accounts for the following processes:
Process Description
JV9 Foreign Currency Valuation
JV6 Interventure Account for Balanced Books by Venture
JV7 Interest Charges in JVA Bank Transfers
GNB Goods Receipt before Invoice Receipt - Delivered but
not Paid
JV8 Goods Receipt before Invoice Receipt -
Shadow Account
Companies that make use of Net Profit Interest (NPI) provisions in joint operating agreements should specify G/L accounts for the following JVA processes:
Process Description
JV3 Miscellaneous Income for NPI
JV4 Net Expense for NPI
JV5 Miscellaneous Income Holding for NPI
Companies that will maintain tax records in JVA and book tax to partners through Cutback should maintain G/L accounts for the following tax-related Cutback processes:
Process Description
JVA Cutback Tax Expense Account
JVB Cutback Tax Suspense Gross
JV1 Cutback Tax Clearing Account
Companies who will record non-operated venture expenses, including billing, in JVA should maintain accounts for the following process:
Process Description
JV2 Non-operated Billing: Account for Document Splitting
Recommendation
Activities
Further notes
Business Attributes
| ASAP Roadmap ID | 105 | Define functions and processes |
| Mandatory / Optional | 2 | Optional activity |
| Critical / Non-Critical | 2 | Non-critical |
| Country-Dependency | A | Valid for all countries |
Assigned Application Components
| Documentation Object Class | Documentation Object Name | Current line number | Application Component | Application Component Name |
|---|---|---|---|---|
| SIMG | SIMG_PRO_0009 | 0 | ALR0002181 | Joint Venture und Production Sharing Accounting |
Maintenance Objects
| Maintenance object type | C | Customizing Object |
| Assigned objects | ||||||
|---|---|---|---|---|---|---|
| Customizing Object | Object Type | Transaction Code | Sub-object | Do not Summarize | Skip Subset Dialog Box | Description for multiple selections |
| IMGDUMMY | D - Dummy object | GJ83 | PRO_0009 | JV Automatic posting |
History
| Last changed by/on | SAP | 20030410 |
| SAP Release Created in |
