JOINT VENTURE COMPANY title: joint venture company (FI-LC) (SAP Library - Glossary)
JOINT VENTURE COMPANY category: Consolidation (FI-LC)
JOINT VENTURE COMPANY explained:
A company that is invested in by an association of two or more investors organized for the purpose of sharing risks that the investors are unwilling to assume individually.
Typically, the investors have the same percentage share in the joint venture company, and such joint venture companies are consolidated proportionally. However, the consolidation of joint venture companies is not the same as joint venture accounting, which is not supported by FI-LC.
More terms such as joint venture company in Dictionary J.
- Manual Join (MDM):
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- Manual Jurisdiction Level:
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- Manual Job Generator:
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- Manual JPEG:
- Help Experts Group Format for graphics files. The JPEG format is used for saving graphics files in a highly compressed form. It is particularly suited for saving images that have a large range of colors joint venture company abbreviation.
