3Enable Joint Venture Management

Enable Joint Venture Management

To use Joint Venture Management, an administrator must first enable Joint Venture Management in Functional Setup Manager (FSM).

You must have the Application Implementation Consultant role (ORA_ASM_APPLICATION_IMPLEMENTATION_CONSULTANT_JOB) to perform this task. This role includes the Financials Application Administrator (ORA_FUN_FINANCIAL_APPLICATION_ADMINISTRATOR_JOB) role.

To enable Joint Venture Management in FSM:

  1. From the Navigator, select My Enterprise, Offerings.

  2. Under Offerings, select Financials.

  3. In the right pane, click Opt In Features.

    Note: You can also click New Features to view a description of the new features for the release.
  4. Make sure that Financials is selected from the Opt In drop-down list at the top of the page. And then scroll down until you see Joint Venture Management in the list and click the name.

  5. Click the Enable check box next to Joint Venture Management.

After enabling Joint Venture Management, you can view the setup tasks for Joint Venture Management in FSM:

  1. From the Navigator, select Others, Setup and Maintenance.

  2. Click the Setup drop-down list and select Financials.

  3. Scroll down the list until you find Joint Venture Management and then click the name.

    The system displays the Joint Venture Management tasks. Joint Venture Management users with the proper security can click the tasks here to access the Joint Venture Management work areas for setting up and managing joint venture system options, invoicing partners, and joint venture definitions.

    Date fields in Joint Venture Management applications display time in UTC (Coordinated Universal Time) only. The time doesn’t reflect the time zone set in your user preferences.

    Note: Manage Supporting References is a shared task that is used by multiple products. It’s not specific to Joint Venture Management. You use this task to configure a supporting reference to identify a transaction date for processing joint venture transactions from subledger accounting.