Activate an Ownership Definition

You must change the status of an ownership definition to Active to enable it to be used by a joint venture definition.

Before you can change the status to Active, the ownership percentages for all stakeholders in the ownership definition must total 100%.

In the joint venture definition, access the ownership definition and change the status to Active, and then save it.

You can make minimal updates to an active ownership definition that has been used by the joint venture to process transactions. For more information about the changes you can make to an ownership definition, see Update an Ownership Definition.