on 12-11-2015 6:39 PM
Hi Experts,
Can Joint Venture Accounting (JVA) be configured and used with standard ERP - S4HANA or ECC 6.0 or SoH? Do we need to necessarily buy IS-Oil to use the JVA function for players in the upstream sector of the Oil and Gas industry?
Regards
John
Hi John,
SAP Joint Venture Accounting (JVA) is part of Industry Solution : IS-Oil.
As of SAP ERP 6.0 enhancement package 6 the business function JVA, Integration with New General Ledger Accounting is available.
As far as SAP JVA with S/4 HANA Finance is concerned, probably that can be said from two ways:
Separate closing is required for G/L and in Joint Venture.
So far as Enhanced JVA is concerned:
If we talk about JVA integration with Fixed Asset, separate Asset History Sheet for Venture owned assets and operators share are possible from S/4 Hana Simple finance point of view.
Thanks & Regards
Subhasish
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