Approve a Joint Venture (optional)

Approval of a joint venture definition is optional. You don’t have to approve a definition before activating it. But you can use the approval feature if your business process requires it.

Access the Basic properties page for your joint venture definition and select the Approved check box. When selected, the Approved Date appears with today’s date. You can change the date if the definition was approved on a prior date and you want to capture this information for your records.