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:
- In case of Classical JVA the standard migration of G/L & CO data to the Universal Journal Entry with the JVA Characteristics.Also it was the case of split logic in Joint Venture Ledger by Integration Manager.
Separate closing is required for G/L and in Joint Venture.
So far as Enhanced JVA is concerned:
- Controlling, Profit & Loss and Balance Sheet by JVA Characteristics in Universal Journal Entry is available.
- It is possible to reconcile Joint Venture Accounting (Ledger 4A, Talbe - JVSO1) and Universal Journal Entry (Table - ACDOCA).
- JVA specific operations integrated with FI.
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