J V ACCOUNTING IN SAP R/3

Dear all,
I like to know How the Jv Accounting SAP will Be. It there is separate Area IN sap For JV account OR we have to Create Separate Accounts For JV P&L And Account them in these G/l ......
Please i request all to Put the replays
Thanks & Regards
Krishna Reddy
9986421050

You create your GL accounts in one area for P&L and BS. Use tcode FS00 - Centrally  to do that most of the time.
You can post the JV entry normally in GL using tcode
FB50 - Enter G/L Account Document but therer are several options depending on what it is you are posting.
points assigned are appreciated.

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