Activate a Joint Venture

To enable a joint venture definition to process transactions for the joint venture, you must change its status to Active.

All required information must be added to the joint venture definition before you can make it active. After an active joint venture has processed transactions, there are limits to the changes you can make to the joint venture. For more information, see Modify a Joint Venture.

1. In the Joint Ventures work area, locate and click the name of the joint venture definition that you want to activate.

2. On Edit Joint Venture, change the Status to Active.

3. Save the joint venture definition.