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SIMG_MAS_0002 - JOA Class

SIMG_MAS_0002 - JOA Class

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The JOA class determines the number range that is used to assign a number to the Joint Operating Agreement.

A company might have two classes of joint operating agreements: one for regular standard agreements and one for special agreements.

The first step in setting up JOA classes for these two types of agreement classes is to define a number range for each class. In this example, the first number range (01) consists of a sequence of numbers, which will be assigned by the system as each agreement is created (Ext. indicator is blank) in JVA processing. The second number range (02) consists of a combination of letters, which indicate the special nature of agreements set up with this class, and numbers. For JOAs in this class, the alphanumeric identifiers will be assigned by the user as the JOAs are created (Ext. indicator is selected). The following number range example demonstrates how the two types of number ranges could be set up:

No   From Number   To Number   Current Number   Ext.
01   000001   999999   0        
02   SJA001   SJA999   0     X

The second step of defining two JOA classes for the company is to assign the number ranges to the two JOA classes as the classes are created. The example below demonstrates that number range 01 is assigned to JOA class JC, the JOA class that will be used to set up standard JOAs for the company. Number range 02 is assigned to JOA class SC, the JOA class that will be used to set up special JOAs for the company.

AR NR Joint Operating Agreem. Class Text
JC 01 Standard Company Joint Operating Agreement Class
SC 02 Special Joint Operating Agreement Class

As each of the company's JOAs is created on the JVA processing menu, one of these classes must be assigned to it. The JOA class will determine the number range that is available to be used to assign an identifier to the JOA.

02

The number range for object JV_JOA, joint operating agreements, must be defined before you can set up a JOA class.

02

The number range for object JV_JOA, joint operating agreements, must be defined before you can set up a JOA class.

02

The joint operating agreement (JOA) is the highest-level object used in expense processing in JVA. The other processing master data objects (JV and equity group) used to capture joint venture expenses are assigned within the JOA. When you set up a JOA in JVA processing, you must assign a JOA class to the new JOA. The JOA class determines the number range that is used to assign a number to the JOA.

02

02

Define a JOA class and assign the unique identifier for a JOA number range to it.

02

You may choose to define as many or as few JOAs as necessary to meet your business requirements. Cost calculation formulas and exclusion sets as well as CI/NPI penalty percentages are also assigned on the JOA. Regardless of the number of JOAs you define, you may be able to use a single JOA class.






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