| Object | Purpose | |--------|---------| | | A contractual agreement (e.g., "Permian Basin JV") | | Equity Group | Defines which partners share which costs | | Joint Interest Billing (JIB) | Billing method (e.g., COPAS 35) | | Recovery Indicator | Defines if a cost is recoverable from partners (e.g., 100% recoverable vs. non-recoverable admin fee) | | Venture Partner | Each company owning a stake (Operator + Partners) |
Codes that identify whether a cost is recoverable from partners (Cutback-related) or should be borne entirely by the operator. Key SAP JVA Processes sap joint venture accounting ppt