Hello Everyone,
What is joint venture accounting in SAP FICO?
please help me out.
Joint Venture Accounting in SAP FICO
Updated May 18, 2018
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Joint venture accounting or JVA is not in Fi/Co it is a different module in which a company enters into joint venture accounting. Some business which are high risk business such as oil and gas use this joint venture accounting. there are certain indicators which are available like billable, non billable. based on this indicators at the end of the month a they run the cut back. This is in nutshell.