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SIMG_MAS_0003 - Define Venture Class
Vendor Master (General Section) TXBHW - Original Tax Base Amount in Local CurrencyThis documentation is copyright by SAP AG.
The Venture class determines the number range that is used to assign a number to the Joint Venture.
A JVA company might have two classes of joint ventures: one for regular standard ventures and a different class for the corporate venture. Expenses charged to ventures wholly owned by the company will be charged to the corporate venture. There is no requirement to set up a separate venture class for the corporate venture.
The first step in setting up classes for these two types of ventures 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 regular venture is created (Ext. indicator is blank) in JVA processing.
The second number range (02) consists of a combination of letters, which indicate that the venture to which this range is to be assigned is the corporate venture, and a single number, since there is only one corporate venture. The single alphanumeric identifier for this venture class will be assigned by the user to the corporate venture when it is 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 | CORP1 | CORP1 | 0 | X |
The second step of defining two venture classes for the company is to assign the number ranges to the venture classes as the classes are created. The example below demonstrates that number range 01 is assigned to venture class JV, the class that will be used to set up standard ventures for the company. Number range 02 is assigned to venture class CV, the venture class that will be used to set up the single corporate venture for the company.
| VC | NR | Joint Venture Class Text |
|---|---|---|
| JV | 01 | Standard Company Joint Venture Class |
| CV | 02 | Corporate Venture Class |
As each of the company's joint ventures is created on the JVA processing menu, venture class JV will be assigned to it, and it will determine the numeric identifier to be assigned to the venture. Venture class CV will be assigned to the single corporate venture.
The number range for object JV_MASTER, joint venture master data, must be defined before you can set up a venture class.
The joint venture (JV) is the property level object within JVA. JVs are defined within JOAs, and equity groups (groups of owners with partner shares specified) within the same JOA are assigned to ownership of these JVs. When you set up a JV in JVA processing, you must assign a venture class to the new JV. The venture class determines the number range that is used to assign a number to the JV.
Define a venture class, and assign the unique identifier for a JV_MASTER number range to it.
Vendor Master (General Section) ABAP Short Reference
This documentation is copyright by SAP AG.
Length: 4647 Date: 20240523 Time: 212608 sap01-206 ( 79 ms )
