SAP designed its Joint Venture Accounting (JVA) module to facilitate smooth management of joint ventures with flexibility for growth. JVA captures all joint venture transactions using functions from several SAP modules, including Financial Accounting, Controlling, Asset Management, Materials Management, Plant Maintenance, and Project System. To activate and configure JVA in a client, users must populate the configurable nodes in the JVA configuration to enable setup of updated JVA functionalities.
SAP designed its Joint Venture Accounting (JVA) module to facilitate smooth management of joint ventures with flexibility for growth. JVA captures all joint venture transactions using functions from several SAP modules, including Financial Accounting, Controlling, Asset Management, Materials Management, Plant Maintenance, and Project System. To activate and configure JVA in a client, users must populate the configurable nodes in the JVA configuration to enable setup of updated JVA functionalities.
SAP designed its Joint Venture Accounting (JVA) module to facilitate smooth management of joint ventures with flexibility for growth. JVA captures all joint venture transactions using functions from several SAP modules, including Financial Accounting, Controlling, Asset Management, Materials Management, Plant Maintenance, and Project System. To activate and configure JVA in a client, users must populate the configurable nodes in the JVA configuration to enable setup of updated JVA functionalities.
It enables to configurethe updated functionalities in SAP Joint
venture Accounting.
Basic Environment in Joint Venture Accounting-Configuration
Guide: SAP designed JVA for joint venture operations. SAP JVA captures all expenditures and other jointventure transactions by using functions from Financial Accounting (SAP FI), Controlling (SAP CO), AssetManagement (SAP AM), Materials Management (SAP MM), Plant Maintenance (SAP PM), and ProjectSystem (SAP PS). By working closely with customers and implementation partners, SAP ensures thatJVA facilitates smooth management of joint ventures, with great flexibility for growth.
To Activate the JVA in a client, to populate the JVA related
configurable nodes in configuration. This isone of the prerequisite functions before starting the actual configuration in JVA. It enables to configurethe updated functionalities in SAP Joint venture Accounting.