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Finance | Project Operations, Human Resources, ...
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Joint venture Project

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Posted on by 6
Hello,
first i am not sure if this is the right form to ask and seek for answers on d365fo project management and accounting.
However i really appreciate any assistance.
 
The issue is our company is awarded a contract with client and the contract in a joint venture bentween 2 sister company (2 legal entities) non-incorporated (they will not create new legal entity for that project)
and as per the contract, they both need to submit their invoices to the customer.
 
The question is how and where should i create and manage the contract?
On which company or i have to split the contract?
 
In the joint venture agreement they have defined each company part of the project.
What to do in tgis case? 
 
Thanks in advance
I have the same question (0)
  • Vahid Ghafarpour Profile Picture
    12,133 Super User 2025 Season 2 on at
  • Adis Profile Picture
    6,064 Super User 2025 Season 2 on at
    Hi,
     
    First of all, you are in the right place to ask questions, so welcome!
     
    How I understand it, you and the  other 2 companies are working on the project. You said you have to submit their invoices to the customer, but its not the same invoice, right? You just submit the invoice for the goods and services that you provide and the others submit their invoices for the goods and services they provide. I guess I am missing something, or?
     
    Or do all 3 companies can only invoice a percentage of the sold goods & services based on the ownership of the joint venture?
     
    When we (or I) understand the requirement, I might be able to help.
     
    Kind regards, Adis

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