Automation for Joint Venture Accounting

Problem

SAP ByDesign system does not calculate Joint Venture Accounting automatically

Manual intervention required to distribute an expense or cost incurred as per the allocated percentage between the required group of ventures

Solution

ERP Logic's custom "Add-on" solution has provision to capture the joint venture percentage allocation and ventures to be allocated

Configurable solution to calculate the final balances

Business Value

Manual effort in calculating the cost between the Joint Ventures is eliminated

Automation ensures the reliability of calculated cost.

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